InnovAge Holding shares surge 41.25% after-hours as Q2 earnings and revenue beat estimates.

InnovAge Holding surged 41.25% in after-hours trading following the release of second-quarter earnings that exceeded estimates by $0.04 per share and revenue that topped the consensus forecast by $11.31 million. The company reported EPS of $0.08 compared to the expected $0.04, while revenue reached $239.71 million against an estimated $228.4 million. These results, coupled with positive EPS revisions in the prior 90 days, signaled strong operational performance and likely prompted investor optimism, driving the significant post-market price increase.