earnings
confidence high
sentiment positive
materiality 0.75
Evolent Health Q4 revenue $556M, FY revenue $1.96B (+45%); net loss ($142M), adj EBITDA $194.7M (+84%)
Evolent Health, Inc.
2023-FY EPS reported
-$1.28
revenue$556,055,000
- Full year 2023 revenue of $1,963.9M, up 45% YoY; net loss of $(142.3)M (net loss margin -7.2%).
- Adjusted EBITDA of $194.7M, up 84% YoY; cash flow from operations of $142.6M.
- Q4 2023 revenue $556.1M, net loss $(41.4)M, adjusted EBITDA $48.1M (8.6% margin).
- Initial 2024 outlook: revenue growth ~25% at midpoint, consistent with long-term targets.
- Announced four new revenue agreements, including first comprehensive oncology bundle and first Performance Suite for advanced imaging.