Addus HomeCare Corporation (NASDAQ:ADUS) Q1 2023 Earnings Conference Call May 2, 2023 9:00 AM ET

Company Participants

Dirk Allison - Chairman, Chief Executive Officer

Brian Poff - Executive Vice President, Chief Financial Officer

Brad Bickham - President, Chief Operating Officer

Dru Anderson - CCI FINN Partners

Conference Call Participants

Brian Tanquilut - Jefferies

Scott Fidel - Stephens

Madeline Mollman - William Blair

Ben Hendrix - RBC Capital Markets

Unknown Analyst - Bank of America

Operator

Good morning and welcome to Addus HomeCare’s first quarter 2023 earnings conference call.

All participants will be in a listen-only mode, and should you need any assistance, please signal a conference specialist by pressing the star key followed by zero.

After today’s presentation, there will be an opportunity to ask questions. To ask a question, you may press star then one on your telephone keypad, and to withdraw your question, please press star then two. Please note that this event is being recorded.

I would now like to turn the conference over to Dru Anderson. Please go ahead.

Dru Anderson

Thank you. Good morning and welcome to the Addus HomeCare Corporation’s first quarter 2023 earnings conference call. Today’s call is being recorded.

To the extent any non-GAAP financial measure is discussed in today’s call, you will also find a reconciliation of that measure to the most directly comparable financial measure calculated according to GAAP by going to the company’s website and reviewing yesterday’s news release.

This conference call may also contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements among others regarding Addus’ expected quarterly and annual financial performance for 2023 or beyond. For this purpose, any statements made during this call that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, discussions of forecasts, estimates, targets, plans, beliefs, expectations and the like are intended to identify forward-looking statements.

You are hereby cautioned that these statements may be affected by important factors among others set forth in Addus’ filings with the Securities and Exchange Commission in its first quarter 2023 news release; consequently, actual operations and results may differ materially from the results discussed in the forward-looking statements. The company undertakes no obligation to update any forward-looking statements whether as a result of new information, future events or otherwise.

I would now like to turn the call over to the company’s Chairman and Chief Executive Officer, Mr. Dirk Allison. Please go ahead, sir.