US effective fed funds rate set at 3.63% effective 08 Sep
MNI reports the US effective fed funds rate was set at 3.63% for 08 Sep, unch vs prior.
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InnovAge reports 175% rise in adjusted EBITDA for fiscal 2026
InnovAge said fiscal 2026 adjusted EBITDA rose about 175% from fiscal 2025, with one-time legal accruals weighing on net income. It also guided fiscal 2027 revenue of $1.05 billion to $1.085 billion and adjusted EBITDA of $105 million to $115 million.