UpHealth (UPH) Reports Q3 Revenue of $38.7M, Operating Loss of $120M

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UpHealth Announces Third Quarter 2022 Financial Results

December 29, 2022 6:22 PM EST

Third Quarter Revenues of $38.7 million; Gross Margin of 48%; Adjusted EBITDA of $(1.2) millionRevenues for the Nine-Month Period of $118.3 million, Gross Margin of 48%; Adjusted EBITDA of $1.4 millionResults reflect the deconsolidation of Glocal as of July 2022 due to ongoing control issues and legal proceedingsOver 60% of Transformation Initiatives Completed to Date; Company Continues to Add New Leadership... More