earnings
confidence high
sentiment negative
materiality 0.65
P3 Health Partners Q2 revenue up 15% to $379.2M; net loss widens to $28.8M
P3 Health Partners Inc.
2024-Q2 EPS reported
-$0.30
revenue$767,645,000
- Total revenue $379.2M (+15% YoY); capitated revenue $374.3M (+15% YoY).
- Gross profit $14.0M (down from $26.8M); medical margin $41.1M (down from $50.5M).
- Net loss $28.8M (vs $27.6M); Adjusted EBITDA loss $8.8M (vs +$0.2M).
- FY2024 guidance: revenue $1.45-$1.55B; medical margin $230-$250M; Adjusted EBITDA $20-$40M.
- CEO cites top-line growth and balance sheet improvement from capital raise.