earnings
confidence high
sentiment neutral
materiality 0.65
Privia Health beats FY2024 guidance: revenue $1.74B, adj EPS $0.78, cash $491M, no debt
Privia Health Group, Inc.
2024-FY EPS reported
$0.11
revenue$1,736,390,000
- FY2024 revenue $1,736.4M (+4.7% YoY), gross profit $397.7M (+12.4%), net income $14.4M (-37.7%).
- Non-GAAP adjusted net income $97.6M (+19.8%), adjusted EPS $0.78 (+21.9%); cash from ops $109.3M (+35.3%).
- Implemented providers +11.2% y/y; cash balance $491.1M, no debt; all 2024 metrics above high end of guidance.
- 2025 guidance reflects continued momentum; management notes challenging Medicare Advantage environment.