Privia Health Expects FY23 GAAP Revenue In Mid To High End Of $1.55B-$1.65B Range Vs. Consensus Of $2.79B; Sees Adjusted EBITDA In Mid to High End Of $70M-$74M
Portfolio Pulse from Benzinga Newsdesk
Privia Health has projected its FY23 GAAP revenue to be in the mid to high end of the $1.55B-$1.65B range, which is significantly lower than the consensus estimate of $2.79B. The company also expects its adjusted EBITDA to be in the mid to high end of the $70M-$74M range.
November 03, 2023 | 10:39 am
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Privia Health's FY23 revenue forecast is significantly lower than the consensus estimate, which could negatively impact its stock price.
Privia Health's projected revenue for FY23 is significantly lower than the consensus estimate. This discrepancy could lead to a negative market reaction, potentially causing a decrease in the company's stock price in the short term.
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IMPORTANCE 80
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