earnings
confidence high
sentiment positive
materiality 0.75
P3 Q2 revenue $269.5M (+86% YoY); CFO resigns, interim named; FY22 revenue guidance raised to $1.025-1.075B
P3 Health Partners Inc.
2022-Q3 EPS reported
-$4.27
revenue$791,258,378
- CFO Eric Atkins resigns effective Nov 1, 2022; Erin Darakjian appointed interim CFO (VP & CAO since Aug 2022).
- Q2 revenue $269.5M (+86% YoY); net loss $903.1M includes $851.5M goodwill impairment.
- Adjusted EBITDA loss PMPM improved to $94 from $119 in Q2 2021.
- Raising full-year 2022 revenue guidance to $1.025-1.075B (from $637M in 2021).
- At-risk Medicare Advantage members exceed 100k as of June 30; expanded Humana partnership in Nevada.