Brief: Modivcare Provides Financial Update

ModivCare

16/09/2024 12:29

Sept 16 (Reuters) - ModivCare Inc  MODV.O :
    * MODIVCARE PROVIDES FINANCIAL UPDATE
    * MODIVCARE INC: DOES NOT PLAN TO ISSUE EQUITY AT THIS TIME
    * MODIVCARE : SEEKING NEAR-TERM COVENANT RELIEF UNDER ITS
REVOLVING CREDIT FACILITY TO ADDRESS POTENTIAL DELAYS IN
CONTRACT RECEIVABLE COLLECTIONS
    * MODIVCARE : REVISED ITS 2024 ADJUSTED EBITDA GUIDANCE
RANGE FROM
$185-$195 MILLION TO $170-$180 MILLION
    * MODIVCARE : ADJUSTED EBITDA GROWTH IN EXCESS OF 10% IN
2025

Source text for Eikon:  ID:nBwj7sKa 
Further company coverage:  MODV.O 

 ((Reuters.Briefs@thomsonreuters.com;))