One Medical (ONEM) Misses Q1 EPS by 23c, Revenues Beat; Offers 2Q Revenue Mid-Point Guidance Below Consensus

Go back to One Medical (ONEM) Misses Q1 EPS by 23c, Revenues Beat; Offers 2Q Revenue Mid-Point Guidance Below Consensus

One Medical Announces Results for First Quarter 2020

May 13, 2020 4:06 PM EDT

First Quarter 2020 Net Revenue of $78.8 Million, a 25% Increase Year-Over-Year
First Quarter 2020 Ending Membership Count of Approximately 455,000, a 25% Increase Year-Over-YearEnding First Quarter 2020 Cash and Short-term Marketable Securities Balance of $375.4 million; $2.2 million in debtProvides Q2 2020 Guidance

SAN FRANCISCO, May 13, 2020 (GLOBE NEWSWIRE) -- 1Life Healthcare, Inc. (One Medical) (Nasdaq: ONEM) today announced financial results for the first quarter ended March 31, 2020.

Our One Medical model has demonstrated that it performs in both ordinary and extraordinary times. We have extended our digital solutions, expanded in-person care and testing services, grown our... More