secwatch.observer — SEC 8-K summary
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Issuer:     Privia Health Group, Inc. (PRVA)
CIK:        0001759655
Form:       8-K
Filed at:   2024-08-08T23:59:59+00:00
Accession:  0001759655-24-000115
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Privia Health Q2 revenue up 2.2% to $422.3M; raises FY2024 guidance
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- Q2 GAAP net income $3.5M ($0.03 EPS); adjusted net income $23.5M ($0.19 EPS), +13% YoY.
- Practice partners increased 15% YoY to 5,500; care center locations up 4% to 1,340.
- Gross profit rose 8.9% to $98.3M; operating income fell 27% to $5.1M on higher stock compensation.
- Raised full-year 2024 guidance: revenue $1.685-1.715B, adjusted EBITDA $117-122M, adj. EPS $0.66-0.71.
- Net cash provided by operations was $38.6M YTD; free cash flow was $30.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1759655/000175965524000115/0001759655-24-000115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1759655/000175965524000115/prva-20240808.htm
  HTML page:      https://secwatch.observer/filing/0001759655-24-000115

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