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Jun 30, 2024
Privia Health Q2 2024 Earnings Report
Privia Health's financial performance for Q2 2024 reflected strong execution across all business and financial metrics.
Key Takeaways
Privia Health reported a 2.2% increase in total revenue, reaching $422.3 million, and an 8.9% increase in gross profit, amounting to $98.3 million. The company also highlighted a 16.4% increase in implemented providers and a 10.7% increase in value-based care attributed lives.
Practice Collections reached $728.0 million, a 4.0% increase compared to Q2 2023.
Adjusted EBITDA was $22.0 million, a 14.0% increase compared to Q2 2023.
Implemented Providers increased by 16.4% compared to Q2 2023.
Cash and cash equivalents totaled $387.4 million, a 21.8% increase compared to Q2 2023, with no debt.
Revenue by Segment
Forward Guidance
Privia Health raised its full-year 2024 guidance to the mid to high end for all metrics.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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