InnovAge Holding Q3 2024 GAAP EPS $(0.04), Inline, Sales $193.073M Beat $188.246M Estimate

5/7/24 4:42:10 PM ET

Medical/Nursing Services

Health Care

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InnovAge Holding (NASDAQ:INNV) reported quarterly losses of $(0.04) per share which met the analyst consensus estimate. This is a 20 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $193.073 million which beat the analyst consensus estimate of $188.246 million by 2.56 percent. This is a 11.90 percent increase over sales of $172.539 million the same period last year.

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Recent Analyst Ratings for
$INNV

Date	Price Target	Rating	Analyst
10/11/2024		Sector Weight	KeyBanc Capital Markets
5/16/2022	$6.00 → $5.00	Outperform → Neutral	Robert W. Baird
4/20/2022	$4.00 → $5.00	Neutral → Underweight	Piper Sandler
1/10/2022	$8.00 → $5.00	Neutral	Citigroup
12/28/2021	$15.00 → $4.00	Buy → Neutral	Goldman Sachs
12/27/2021	$22.00 → $6.50	Overweight → Equal-Weight	Barclays
12/23/2021	$14.00 → $4.00	Overweight → Neutral	Piper Sandler
12/17/2021	$10.00	Neutral	JP Morgan

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$INNV
Press Releases

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InnovAge to Announce Fiscal First Quarter 2025 Financial Results and Host Conference Call Tuesday, November 5, 2024
DENVER, Oct. 22, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. ("InnovAge" or the "Company") (NASDAQ:INNV), an industry leader in providing comprehensive healthcare programs to frail, and predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced it will release its 2025 fiscal first quarter financial results on Tuesday, November 5, 2024, after market close. In conjunction, the Company will host a conference call to review the results at 5 p.m. E.T. Conference Call DetailsA live audio webcast of the call will be available on the Company's website, https://investor.innovage.com/. A replay of the call will be available via webca
10/22/24 8:00:00 AM ET
$INNV
Medical/Nursing Services
Health Care
InnovAge Provides Update on Clinical & Operational Transformations at National PACE Association Annual Conference
DENVER, Oct. 11, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. ("InnovAge") (NASDAQ:INNV), a leading Program of All-inclusive Care for the Elderly (PACE) provider, plans to highlight its ongoing clinical, operational, and business transformations at the 2024 National PACE Association (NPA) Conference. As the nation's largest provider of PACE by number of participants, InnovAge provides coordinated and integrated care across a range of physical, medical, and social services. This ensures eligible seniors can age safely in their own homes while maintaining their independence and quality of life. Under President and CEO Patrick Blair, the company has innovated across the business to impr
10/11/24 8:00:00 AM ET
$INNV
Medical/Nursing Services
Health Care
InnovAge Holding Corp. Announces Increase of Share Repurchase Program
DENVER, Sept. 26, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. (NASDAQ:INNV) (the "Company" or "InnovAge") announced today that its Board of Directors has increased the amount of its common stock that may be repurchased under its share repurchase program (the "Program"), originally approved in June 2024. The increase authorizes the Company to repurchase up to an additional $2.5 million of its common stock, in addition to the $5.0 million originally authorized. Since June 2024, the Company has repurchased a total of 837,372 shares of common stock under the June 2024 authorization, with an aggregate market value of $5.0 million. Share repurchases under the Program may be made from time
9/26/24 8:00:00 AM ET
$INNV
Medical/Nursing Services
Health Care

InnovAge to Announce Fiscal First Quarter 2025 Financial Results and Host Conference Call Tuesday, November 5, 2024
DENVER, Oct. 22, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. ("InnovAge" or the "Company") (NASDAQ:INNV), an industry leader in providing comprehensive healthcare programs to frail, and predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced it will release its 2025 fiscal first quarter financial results on Tuesday, November 5, 2024, after market close. In conjunction, the Company will host a conference call to review the results at 5 p.m. E.T. Conference Call DetailsA live audio webcast of the call will be available on the Company's website, https://investor.innovage.com/. A replay of the call will be available via webca
10/22/24 8:00:00 AM ET
$INNV
Medical/Nursing Services
Health Care
InnovAge to Announce Fourth Quarter and Fiscal 2024 Financial Results and Host Conference Call Tuesday, September 10, 2024
DENVER, Aug. 27, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. ("InnovAge" or the "Company") (NASDAQ:INNV), an industry leader in providing comprehensive healthcare programs to frail, and predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced it will release its 2024 fiscal fourth quarter and full year financial results on Tuesday, September 10, 2024, after market close. In conjunction, the Company will host a conference call to review the results at 5 p.m. E.T. Conference Call DetailsA live audio webcast of the call will be available on the Company's website, https://investor.innovage.com/. A replay of the call will be avai
8/27/24 8:00:00 AM ET
$INNV
Medical/Nursing Services
Health Care
InnovAge to Announce Fiscal Third Quarter 2024 Financial Results and Host Conference Call Tuesday, May 7, 2024
DENVER, April 23, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. ("InnovAge" or the "Company") (NASDAQ:INNV), an industry leader in providing comprehensive healthcare programs to frail, and predominantly dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced it will release its 2024 fiscal third quarter financial results on Tuesday, May 7, 2024, after market close. In conjunction, the Company will host a conference call to review the results at 5 p.m. E.T. Conference Call DetailsA live audio webcast of the call will be available on the Company's website, https://investor.innovage.com/. A replay of the call will be available via webcast for
4/23/24 8:00:00 AM ET
$INNV
Medical/Nursing Services
Health Care

InnovAge Welcomes John Koehn as Senior Vice President of External Affairs
DENVER, May 20, 2024 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. ("InnovAge") (NASDAQ:INNV), an industry leader in providing comprehensive healthcare programs to dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), welcomes John Koehn as its Senior Vice President of External Affairs as of May 13, 2024. John brings a wealth of experience in healthcare management and a proven track record of success in areas critical to InnovAge's mission and growth, including P&L and risk management, long-term care, provider relations, and business development. John has had exceptional success in fostering close relationships with key stakeholders to drive program manageme
5/20/24 8:00:00 AM ET
$INNV
Medical/Nursing Services
Health Care
InnovAge Strengthens Board with Appointment of New Independent Director
DENVER, Aug. 14, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. ("InnovAge") (NASDAQ:INNV), an industry leader in providing comprehensive healthcare programs to frail dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced the appointment of Teresa Sparks to its Board of Directors, effective immediately. Sparks joins InnovAge's Board as Sean Traynor of Welsh, Carson, Anderson & Stowe steps down. The InnovAge team and Board thank Mr. Traynor for his service. "Teresa's diverse experience across multiple sectors, including in financial services, life sciences, specialty pharmacy, healthcare services, and technology, is a huge asset and co
8/14/23 8:00:34 AM ET
$INNV
Medical/Nursing Services
Health Care
InnovAge Diversifies Board of Directors with New Independent Director
DENVER, March 30, 2023 (GLOBE NEWSWIRE) -- InnovAge Holding Corp. ("InnovAge") (NASDAQ:INNV), an industry leader in providing comprehensive healthcare programs to frail dual-eligible seniors through the Program of All-inclusive Care for the Elderly (PACE), today announced the appointment of Patty Fontneau to its Board of Directors, effective immediately. Fontneau joins InnovAge's Board as Pavithra Mahesh of Apax Partners and Caroline Dechert of Welsh, Carson, Anderson & Stowe simultaneously step down from their positions with the Board. These changes maintain the participation of the investment firms while adding additional independent and community representation on the Board. The Inno
3/30/23 8:00:00 AM ET
$INNV
Medical/Nursing Services
Health Care

InnovAge Holding Q3 2024 GAAP EPS $(0.04), Inline, Sales $193.073M Beat $188.246M Estimate

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$INNV

$INNV
Press Releases

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InnovAge to Announce Fiscal First Quarter 2025 Financial Results and Host Conference Call Tuesday, November 5, 2024

InnovAge Provides Update on Clinical & Operational Transformations at National PACE Association Annual Conference

InnovAge Holding Corp. Announces Increase of Share Repurchase Program

$INNV
Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Chief Legal Officer Damato Nicole sold $71,139 worth of shares (11,893 units at $5.98), decreasing direct ownership by 5% to 233,274 units (SEC Form 4)

Director Carlson James G was granted 13,334 shares, increasing direct ownership by 27% to 62,034 units (SEC Form 4)

Director Bush John Ellis was granted 19,841 shares (SEC Form 4)

$INNV
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$INNV
Leadership Updates

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InnovAge to Announce Fiscal First Quarter 2025 Financial Results and Host Conference Call Tuesday, November 5, 2024

InnovAge to Announce Fourth Quarter and Fiscal 2024 Financial Results and Host Conference Call Tuesday, September 10, 2024

InnovAge to Announce Fiscal Third Quarter 2024 Financial Results and Host Conference Call Tuesday, May 7, 2024

InnovAge Welcomes John Koehn as Senior Vice President of External Affairs

InnovAge Strengthens Board with Appointment of New Independent Director

InnovAge Diversifies Board of Directors with New Independent Director

$INNV
SEC Filings

SEC Form DEFA14A filed by InnovAge Holding Corp.

SEC Form DEF 14A filed by InnovAge Holding Corp.

SEC Form PRE 14A filed by InnovAge Holding Corp.

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InnovAge Board Approves Up To $5M Share Repurchase