Privia Health Q1 2024 net profit drops 50% to $2.98M, while revenues increase 7.5% to $415.2M.
Privia Health reported a 50% drop in Q1 2024 net profit to $2.98M, or $0.02 per share, down from $7.32M, or $0.06 per share, in Q1 2023. Adjusted earnings were $0.18 per share, compared to $0.16 in Q1 2023. Total revenue increased by 7.5% to $415.2M, up from $386.3M in Q1 2023. The company anticipates revenues between $1.60B and $1.675B for FY2024, compared to analysts' expectations of $2.84B.
May 09, 2024
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