Modivcare Reports First Quarter 2024 Financial Results; Maintains Guidance

DENVER--(BUSINESS WIRE)--Modivcare Inc. (the “Company” or “Modivcare”) (Nasdaq: MODV), a technology-enabled healthcare services company that provides a platform of integrated supportive care solutions focused on improving health outcomes, today reported financial results for the three months ended March 31, 2024. First Quarter 2024 Summary: Service revenue of $684.5 million increased 3.3% from the first quarter of 2023 Net loss of $22.3 million or $1.57 per diluted common share Adjusted EBITDA(