InnoVage Climbs on Swing to 2Q Profit, Raised Outlook

Dow Jones
02/05

By Elias Schisgall

 

Shares of InnoVage jumped after the company swung to a profit in the fiscal second quarter and raised its outlook for the full year.

Shares climbed 33% to $7.56 late Wednesday morning. The stock has more than doubled in the past year.

The senior healthcare company on Tuesday posted a profit of $10.6 million, or 8 cents a share, compared with a loss of $13.2 million, or 10 cents a share, a year earlier.

Revenue rose to $239.7 million, up from $209 million a year prior. Analysts polled by FactSet were expecting $228.4 million.

The company raised its outlook for fiscal 2026, projecting revenue between $925 million and $950 million and total member months between 92,900 and 95,700.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

February 04, 2026 11:38 ET (16:38 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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