InnovAge Reaffirms Fiscal 2027 Guidance Following Strong First Quarter Results
InnovAge Holding Corp. (INNV) reported a strong start to fiscal 2027, posting first-quarter revenue of $264.8 million and a center-level contribution margin of $63.6 million. CEO Patrick Blair expressed satisfaction with the initial quarterly performance, signaling operational stability as the company enters the new fiscal year. Based on these results, the company has reaffirmed its full-year guidance for fiscal 2027. InnovAge expects total revenue to fall between $1.05 billion and $1.085 billion, with adjusted EBITDA projected in the range of $105 million to $115 million.
Tickers: $INNV
Topics: earnings report fiscal performance revenue