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Investing.com - InnovAge Holding reported on Tuesday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
InnovAge Holding announced earnings per share of $-0.09 on revenue of $172.86M. Analysts polled by Investing.com EPS of $-0.0082 on revenue of $173.74M.
InnovAge Holding 's are down 4.12% and is trading at $4.05 , still down 72.52% from its 52 week high of $14.74 set on Tuesday, September 14, 2021.
InnovAge Holding follows other major Healthcare sector earnings this month
InnovAge Holding's report follows an earnings beat by Medtronic on Tuesday, August 23, 2022, who reported EPS of $1.13 on revenue of $7.37B, EPS of $1.12 on revenue of $7.22B.
Merck ADR had beat expectations on Friday with third quarter EPS of $0.5392 on revenue of $5.69B, for EPS of $0.5165 on revenue of $5.57B.
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