Brief: Caremax, Inc. reports Q2 results

Caremax

09/08/2022 12:55

Aug 9 (Reuters) - CareMax Inc  CMAX.O :
    * CAREMAX, INC. REPORTS SECOND QUARTER 2022 RESULTS; RAISES
FULL
YEAR MEDICARE ADVANTAGE MEMBERSHIP AND REVENUE OUTLOOK
    * Q2 REVENUE ROSE 284 PERCENT TO $172.3 MILLION
    * QTRLY LOSS PER SHARE OF $0.11
    * QTRLY PLATFORM CONTRIBUTION WAS $21.7 MILLION, COMPARED TO
$8.2
MILLION FOR Q2 OF 2021
    * NOW SEES YEAR-END MEDICARE ADVANTAGE MEMBERSHIP OF GREATER
THAN
40,000, UP OVER 19% YEAR-OVER-YEAR
    * SEES FY TOTAL REVENUE OF $580 MILLION TO $600 MILLION, UP
44% TO
49% YEAR-OVER-YEAR
    * REAFFIRMS FY ADJUSTED EBITDA GUIDANCE
    * CONTINUES TO EXPECT TO OPEN 15 DE NOVO CENTERS IN FY

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