Privia Health Reiterates FY24 Guidance; Revenue Of $1.6B-$1.675B, Est $2.844B
Portfolio Pulse from Benzinga Newsdesk
Privia Health has reiterated its fiscal year 2024 guidance, projecting revenues to be between $1.6 billion and $1.675 billion, which is below the estimated $2.844 billion.

May 09, 2024 | 10:30 am
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Privia Health's reaffirmed FY24 revenue guidance is significantly lower than market expectations.
Privia Health's reaffirmation of its FY24 revenue guidance, which is substantially below the estimated expectations, could lead to negative investor sentiment and potentially impact the stock price negatively in the short term. The significant discrepancy between the company's guidance and market expectations may raise concerns about growth prospects and operational challenges.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100