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Stock impact report

Privia Health Reports First Quarter 2024 Financial Results [Yahoo! Finance]

Privia Health Group, Inc. (PRVA) 
Company Research Source: Yahoo! Finance
ARLINGTON, Va., May 09, 2024 (GLOBE NEWSWIRE) -- Privia Health Group, Inc. (Nasdaq: PRVA) today announced financial results for the first quarter ended March 31, 2024. For the Three Months Ended March 31, ($ in millions, except per share amounts) Change (%) Total revenue Gross profit Operating income Net income a Non-GAAP adjusted net income b Net income per share Non-GAAP adjusted net income per share a. Net income for the three months ended March 31, 2024, included $11.9 million in non-cash stock compensation expense. Net income for the three months ended March 31, 2023 included $5.4 million in non-cash stock compensation expense. b. Reconciliations of non-GAAP adjusted net income and other non-GAAP financial measures are presented in tables near the end of this press release. First Quarter 2024 highlights include: Practice Collections of $707.7M, +7.4% versus 1Q'23, which includes a year-over-year reduction due to a shift of capitation risk exposure Show less Read more
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