Signify Health, Inc. (SGFY) Misses Q2, Guides Lower

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Go back to Signify Health, Inc. (SGFY) Misses Q2, Guides Lower

Signify Health Announces Second Quarter 2022 Results

August 3, 2022 4:35 PM EDT

Financial Highlights

Second Quarter 2022:

Revenue of $246.2 million, an increase of 16% from second quarter 2021 GAAP net loss of $490.0 million, which includes a $519.9 million loss on impairment related to our decision to exit the Episodes of Care Services segment. Non-GAAP adjusted EBITDA1 of $62.6 million, an increase of 15% from second quarter 2021

2022 Guidance:

Signify Health is providing guidance for full year 2022 as follows:

Home & Community Services (HCS) segment revenue in the range of $800 million to $810 million; Revenue from the Caravan Health acquisition in the... More