InnovAge Swings to Fiscal Q4 Profit, Revenue Rises; Shares Gain After Hours

MT newswire2026/09/08 20:19

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04:19 PM EDT, 09/08/2026 (MT Newswires) -- InnovAge Holding (INNV) reported fiscal Q4 net income late Tuesday of $0.06 per diluted share, swinging from the loss of $0.01 a year earlier. Two analysts surveyed by FactSet expected earnings of $0.09. Revenue in the three months ended June 30 rose to $262 million from $221.4 million a year earlier. Three analysts projected $238.3 million. The company expects fiscal 2027 revenue of $1.05 billion to $1.085 billion. Three analysts project $1.04 billion. InnovAge shares jumped 10% in after-hours trading.

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