earnings
confidence high
sentiment neutral
materiality 0.80
ApolloMed Q1 revenue up 50% to $263M; raises FY guidance; appoints new CFO
Astrana Health, Inc.
2022-Q1 EPS reported
$0.31
revenue$263,258,000
- Q1 revenue $263.3M, up 50% YoY; net income attributable to ApolloMed $14.3M (+8%); adj. EBITDA $38.2M (+25%).
- FY guidance raised: revenue $1,055M–$1,085M; adj. EBITDA $136M–$166M (previous low $130M).
- CFO Eric Chin steps down for personal reasons; Chan Basho appointed Interim CFO and Chief Strategy Officer.
- Basho's compensation: $300k base, $200k sign-on bonus, $1.2M initial restricted stock award.
- Completed acquisition of Jade Health Care Medical Group, adding ~13,000 Medicare/Medicaid members.