earnings
confidence high
sentiment positive
materiality 0.75
Privia Health raises FY2024 guidance, Q3 adjusted EPS $0.20, revenue $437.9M, up 4.9%
Privia Health Group, Inc.
2024-Q3 EPS reported
$0.08
revenue$1,275,490,000
- Q3 revenue $437.9M (+4.9% YoY); gross profit $99.9M (+10.2%); operating income $5.8M (+5.0%).
- Non-GAAP adjusted net income $25.1M (+19% YoY); adjusted EPS $0.20 (+17.6%).
- Raised full-year 2024 guidance to at or above high end for all financial metrics.
- Announced new market entry in Indiana; MSSP 2023 shared savings $176.6M, up 34.1% YoY.
- Net income $3.5M (down 37.4%) due to $15.1M non-cash stock compensation expense.