earnings
confidence high
sentiment positive
materiality 0.75
Privia Health Q2 revenue up 48.6% YoY; raises FY2022 guidance
Privia Health Group, Inc.
2022-Q2 EPS reported
-$0.26
revenue$649,337,000
- Q2 revenue $335.5M (+48.6% YoY); GAAP net loss $(0.10)/share vs $(1.68) YoY.
- Adjusted net income $15.5M, $0.13 diluted EPS (+48.7% YoY); Adjusted EBITDA $15.5M (+54.8%).
- Practice collections $615.5M (+67.6%); implemented providers 3,541 (+31.5% YoY).
- Repaid all outstanding debt in Q2; cash $292.2M; $65M revolver undrawn.
- FY2022 guidance raised: adjusted EBITDA now $57-60M (from $52-56M); revenue guided to high end $1.3B.