Sharecare Q4 revenue $105.3M (-15%), net loss $34.2M; no FY2024 guidance

Sharecare, Inc.

Q4 revenue $105.3M (-15% YoY); net loss $34.2M vs $24.1M. Adjusted EBITDA $3.0M vs $2.5M.
FY2023 revenue $445.3M (+1%); net loss $128.5M vs $118.7M. Adjusted EBITDA $16.5M vs $5.8M.
$14.2M impact from nonperforming disputed contracts; $30M annualized cost savings from restructuring.
No FY2024 guidance due to ongoing strategic review; special committee evaluating sale proposals.
Board appointed Nicole Torraco (former Xerox exec) to fill new 11th seat; joins special committee.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Nicole Torraco

Director

Sharecare, Inc.

Effective: 2024-03-28
Filed: March 28, 2024, 7:59 PM ET

On March 28, 2024, the Board of Directors (the “Board”) of the Company, upon the recommendation of its Nominating and Corporate Governance Committee, increased the size of the Board from 10 to 11 members and appointed Nicole Torraco to fill the vacancy so created, both effective March 28, 2024.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Sharecare, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $105.3 million, EPS $0.10.

Period: the fourth quarter ended December 31, 2023
Revenue: $105.3 million
EPS: $0.10
Result: reported results

Exact text from the filing

• Revenue of $105.3 million compared to $123.3 million, a decrease of $18.0 million, or 15%.

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Sharecare, Inc. reported the year ended December 31, 2023 results: revenue $445.3 million, EPS $0.36.

Period: the year ended December 31, 2023
Revenue: $445.3 million
EPS: $0.36
Result: reported results

Exact text from the filing

• Revenue of $445.3 million compared to $442.4 million, an increase of $2.9 million, or 1%.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Nicole Torraco was appointed as Director at Sharecare, Inc..

Action: appointed
Role: Director

Exact text from the filing

On March 28, 2024, the Board of Directors (the “Board”) of the Company, upon the recommendation of its Nominating and Corporate Governance Committee, increased the size of the Board from 10 to 11 members and appointed Nicole Torraco to fill the vacancy so created, both effective March 28, 2024.

View on SEC.gov

326 earnings releases filed in the last 30 days. Browse all earnings releases →

Source: SEC EDGAR

accession 0001816233-24-000075

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.