InnoVage Climbs on Swing to 2Q Profit, Raised Outlook

Dow Jones

Feb 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)

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The stock has more than doubled in the past year. \n</p>\n<p>\n  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. \n</p>\n<p>\n  Revenue rose to $239.7 million, up from $209 million a year prior. 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The stock has more than doubled in the past year. \n\n\n  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. \n\n\n  Revenue rose to $239.7 million, up from $209 million a year prior. Analysts polled by FactSet were expecting $228.4 million. \n\n\n  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. \n\n\n \n\n\n  Write to Elias Schisgall at elias.schisgall@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 04, 2026 11:38 ET (16:38 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}