RCM - R1 RCM GAAP EPS of $0.00 beats by $0.02 revenue of $545.6M misses by $2.61M

2023-05-04 07:23:16 ET

• R1 RCM press release ( NASDAQ: RCM ): Q1 GAAP EPS of $0.00 beats by $0.02 .
• Revenue of $545.6M (+41.5% Y/Y) misses by $2.61M .
• GAAP net income of $0.3 million, compared to $29.4 million in the same period last year.
• Adjusted EBITDA of $142.2 million, up $52.9 million or 59.2% compared to the same period last year.

• For 2023, R1 continues to expect to generate:

  • Revenue of between $2,280 million and $2,330 million
  • GAAP operating income of $115 million to $140 million
  • Adjusted EBITDA of $595 million to $630 million

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