Signify Health, Inc. (SGFY) Misses Q1 EPS by 10c

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Signify Health Announces First Quarter 2022 Results Maintains 2022 Full Year Guidance

May 4, 2022 4:35 PM EDT

Financial Highlights

First Quarter 2022:

First quarter revenue of $216.5 million, an increase of 20% from first quarter 2021 GAAP net loss of $16.3 million improved compared to net loss of $51.7 million in first quarter 2021 Non-GAAP adjusted EBITDA1 of $45.0 million, an increase of 31% from first quarter 2021

2022 Guidance:

Signify Health maintains estimates for full year 2022 results as follows:

Total revenue in the range of $948 million to $971 million; and Total adjusted EBITDA1 in the range of $212 million to $222 million

 

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