SHCR - Sharecare reports mixed Q2 earnings; initiates Q3 and reaffirms FY23 outlook

2023-08-09 07:26:19 ET

• Sharecare press release ( NASDAQ: SHCR ): Q2 Non-GAAP EPS of -$0.03 in-line.
• Revenue of $110.4M (+6.4% Y/Y) beats by $0.63M .
• Adjusted EBITDA of $3.8 million compared to $2.1 million, an increase to adjusted EBITDA of $1.7 million.

• Third Quarter 2023 Financial Guidance:For the three months ending September 30, 2023, the Company expects:

  • Revenue in the range of $111 million to $113 million vs. consensus of $112.81M.
  • Adjusted EBITDA in the range of $8 million to $10 million

  Fiscal 2023 Financial Guidance:For the twelve months ending December 31, 2023, the Company continues to expect:

  • Revenue in the range of $452.5 million to $460 million vs. consensus of $458.70M.
  • Adjusted EBITDA in the range of $25 million to $30 million.

For further details see: