BBLN - Babylon Holdings GAAP EPS of -$0.24 revenue of $266M

May, 12 2022 06:22 AM Babylon Holdings Limited Class A

Babylon Holdings press release (NYSE:BBLN): Q1 GAAP EPS of -$0.24. Revenue of $266M (+273.1% Y/Y). FY 2022 Financial Guidance: For the twelve months ending December 31, 2022, the Company is raising revenue guidance from the previous range of $900 million to $1 billion, to $1.0 billion or greater, based on higher than expected revenue attainment in Q1 2022. The Company expects to see a continued improvement in Adjusted EBITDA Margin, and is updating guidance of Adjusted EBITDA loss for 2022 from (30)% of revenue to no greater than $(295) million for revenues totaling $1.0 billion. At $1.0 billion of revenue, this represents an Adjusted EBITDA Margin of (29.5)%, a significant improvement from (184)% and (54)% in 2020 and 2021, respectively, and marginally ahead of previous guidance.

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Babylon Holdings GAAP EPS of -$0.24, revenue of $266M

Company Name:	Babylon Holdings Limited Class A
Stock Symbol:	BBLN
Market:	NYSE

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