InnovAge Holding Corp. (INNV) saw its stock price surge 7.41% in post-market trading on Tuesday.

The sharp move followed the company's release of its fiscal third-quarter results, which showed a significant revenue beat and improved profitability metrics. InnovAge reported quarterly sales of $251.9 million, surpassing analyst estimates by 7.48% and representing a 15.5% increase from the same period last year. While the net loss widened, the company's adjusted EBITDA climbed substantially to $30.5 million from $10.8 million a year ago, and its center-level contribution margin increased by 49.8%.

Investors reacted positively as management raised its full-year fiscal 2026 guidance, now expecting revenue between $950 million and $975 million and adjusted EBITDA in the range of $85 million to $90 million. CEO Patrick Blair attributed the results to improved operating execution and continued reinvestment in the business.