CareMax (CMAX) Misses Q3 EPS by 17c, Revenue Beats, Offers Guidance

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CareMax, Inc. Reports Third Quarter 2022 Results; Raises Full Year Revenue Outlook

November 9, 2022 6:55 AM EST

Third Quarter 2022 Medicare Advantage Membership of 39,500, up 49% year-over-year Third Quarter 2022 GAAP Total Revenue of $157.7 million, up 51% year-over-year Expanded Presence with De Novo Openings in Brooklyn, New York; Queens, New York; and Plantation, Florida Since Quarter End Raising Full Year 2022 Revenue Guidance; Excludes Expected Impact from Steward Acquisition

MIAMI--(BUSINESS WIRE)-- CareMax, Inc. (NASDAQ: CMAX; CMAXW) (CareMax or the Company), a leading technology-enabled provider of value-based care to seniors, today announced financial results for the third quarter ended September 30, 2022.

Our solid third quarter results are a... More