AdaptHealth (AHCO) reported a Q1 net loss Tuesday of $0.05 per diluted share, widening from a loss of $0.02 a year earlier.

Analysts polled by FactSet expected the company to break even.

Net revenue for the quarter ended March 31 was $777.9 million, down from $792.5 million a year earlier.

Analysts surveyed by FactSet expected $764.8 million.

The company said it now expects fiscal 2025 net revenue of $3.18 billion to $3.32 billion, down from $3.22 billion and $3.36 billion guided previously. Analysts surveyed by FactSet expect $3.27 billion.