Brief: Caremax Inc. Announces Third Quarter 2021 Financial Results

Caremax

15/11/2021 12:39

Nov 15 (Reuters) - CareMax Inc  CMAX.O :
    * . ANNOUNCES THIRD QUARTER 2021 FINANCIAL RESULTS
    * Q3 GAAP LOSS PER SHARE $0.03
    * Q3 REVENUE $104.6 MILLION
    * Q3 EARNINGS PER SHARE VIEW $-0.08 -- REFINITIV IBES DATA
    * Q3 REVENUE VIEW $108.3 MILLION -- REFINITIV IBES DATA
    * REAFFIRMED PRIOR GUIDANCE OF APPROXIMATELY 30,000 MEDICARE
ADVANTAGE MEMBERS BY END OF 2021
    * MEDICAL EXPENSE RATIO WAS 75.4% FOR Q3 OF 2021
    * EXPECT LIMITED IMPACT TO RISK-BASED REVENUES DUE TO COVID
IN
2022
    * OPTIMISTIC THAT COVID UTILIZATION HEADWINDS WILL SUBSIDE
IN 2022

Source text for Eikon:  ID:nBw6mg7FRa 
Further company coverage:  CMAX.O 

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