InnovAge Maintains Fiscal 2027 Outlook as Quarterly Revenue Rises 12.1%

InnovAge Holding Corp. (InnovAge) kept its fiscal 2027 revenue and adjusted EBITDA outlook unchanged Nov. 3 after posting 12.1% revenue growth in its first quarter. For the three months ended Sept. 30, 2026, revenue was $264.8 million, compared with $236.1 million a year earlier. Net income rose to $20.9 million from $7.7 million, and adjusted EBITDA increased to $31.3 million from $17.6 million. The fiscal 2027 outlook matches guidance InnovAge issued Sept. 8: revenue of $1.05 billion to $1.085 billion and adjusted EBITDA of $105 million to $115 million.

Source: TokenPost