secwatch.observer — SEC 8-K summary
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Issuer:     Privia Health Group, Inc. (PRVA)
CIK:        0001759655
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001759655-24-000050
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Privia Health Q1 revenue +7.5% to $415M; GAAP net income down 59% but adjusted EPS up 12.5%
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- Revenue $415.2M (+7.5% YoY); Practice Collections +7.4%; Implemented Providers +17.3%.
- GAAP net income $3.0M ($0.03 EPS) vs $7.3M ($0.06 EPS) in Q1'23; includes $11.9M stock comp.
- Non-GAAP adjusted net income $22.5M ($0.18 EPS) vs $19.3M ($0.16 EPS), +16.6% and +12.5% per share.
- Operating income fell 87.7% to $0.8M from $6.7M year-over-year.
- Company reiterated full year 2024 guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759655/000175965524000050/0001759655-24-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759655/000175965524000050/prva-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001759655-24-000050

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer