Addus homecare reports q4 earnings per share of $0.68
Q4 adjusted earnings per share $0.73.q4 earnings per share $0.68.q4 earnings per share estimate $0.66 -- refinitiv ibes data.provides update on covid-19 planning and response efforts.addus homecare - could not convince prior audit firm that a previously unrecorded adjustment in estimating collectability of revenue was appropriate.unable to file our 2019 form 10-k today.adjustment will have no impact on reported cash flow from operations for 2009 to 2018.addus homecare - pwc agreed, subject to completing customary procedures, to independently re-audit financial statements for yrs ended 2017 and 2018.net service revenues increased to $192.4 million for q4.has not yet commenced re-audits of 2017 and 2018 periods.expects to disclose an additional material weakness in its internal control over financial reporting as of december 31, 2019.commenced redesign of controls related to implicit price concessions as part of its remediation process.addus homecare - currently anticipates adjustments and re‑audit will not result in a material change in its statements for 2018 and 2017.addus homecare - believe covid-19 could have an effect on results , but aren't able to assess potential impact at this time.
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