InnovAge Holding Corp. (INNV)

The company achieved a 600% year-over-year revenue growth, reaching $1.4 million. Despite a net loss of $20.8 million, the loss was the lowest since the company went public. In premarket trading, Innventure’s stock rose by 1.34% to $6.06, reflecting investor optimism about its future prospects.

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Results arrive after market close, with management set to discuss them at 5 p.m. ET. Webcast replay follows. InnovAge serves about 8,010 seniors.

To see the full list of analyst forecasts on Innventure stock, see the INV Stock Forecast page. ... According to Spark, TipRanks’ AI Analyst, INV is a Neutral. The score is held back most by weak financial performance—large ongoing losses and substantial cash burn—despite strong revenue growth and a…