ADAPTHEALTH CORP.DL-,0001

AdaptHealth has appointed Harriss T. Currie as chief financial officer effective Wednesday. He succeeds Jason Clemens, who will oversee the transition until October 1, 2026. Currie served more than 15 years as CFO at Luminex, recently held CFO roles at Health Track Rx and Impulse Dynamics, and most recently was president of the regenerative medicine division at 3D Systems; he holds an MBA from the McCombs School of Business. AdaptHealth provides home healthcare solutions and serves about 4.5 million patients annually across roughly 670 locations in the U.S. » Mere på de.investing.com

AdaptHealth is selling its roughly $600 million diabetes business to Cardinal Health, spinning out e‑commerce operations and exiting certain drop‑ship supply activities to simplify the company and reallocate resources. The company reported 16% Q2 revenue growth but is addressing higher-than-expected service costs in a new West Coast capitated contract and working with its partner to improve economics. Management plans to prioritize organic growth in sleep and respiratory, reduce leverage to about 2.5x, and pursue targeted tuck-in acquisitions while investing in sleep technology and patient digital tools. » Mere på finance.yahoo.com

AdaptHealth reported a Q2 loss of $1.07 per share versus an expected $0.15 and revenue of $740.3 million, about $106.5 million below analyst forecasts. The company sharply lowered full-year sales guidance to $2.85–2.89 billion (previously $3.45–3.52 billion) and trimmed adjusted EBITDA to $490–520 million from $680–730 million, while reducing free cash flow targets. Shares fell about 47% during the week following the results and guidance revision, raising concerns about the company’s near-term recovery. » Mere på finance.yahoo.com