PRVA - Privia Health Group Non-GAAP EPS of $0.16 beats by $0.02 revenue of $386.27M beats by $7.96M
2023-05-04 06:50:25 ET
- Privia Health Group press release ( NASDAQ: PRVA ): Q1 Non-GAAP EPS of $0.16 beats by $0.02 .
- Revenue of $386.27M (+23.1% Y/Y) beats by $7.96M .
- 2023 Outlook: revenue $1.55B-$1.65B vs consensus of $1.62B, Adj EBITDA of $70M-$74M
- Capital expenditures are expected to be less than $1 million in full-year 2023
- Adjusted EBITDA guidance includes approximately $8-10 million in start-up costs for new geographies and ACOs
- Approximately 80-90% of Adjusted EBITDA expected to convert to free cash flow (defined as net cash provided by operating activities less capital expenditures) in FY 2023
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Privia Health Group Non-GAAP EPS of $0.16 beats by $0.02, revenue of $386.27M beats by $7.96M