Babylon Holdings Limited (BBLN) Tops Q1 EPS by 91c

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Go back to Babylon Holdings Limited (BBLN) Tops Q1 EPS by 91c

 Babylon Reports Q1 2023 Financial Results

May 10, 2023 6:01 AM EDT

AUSTIN, Texas & LONDON--(BUSINESS WIRE)-- Babylon Holdings Limited (NYSE: BBLN) (Babylon or the Company) today announced its financial and operating results for the first quarter ended March 31, 2023.

First Quarter Financial Results

Comparison of the following financial results for the three months ended March 31, 2023, to the three months ended March 31, 2022:

Total revenue was $311.1 million compared to $266.4 million, a 1.2x year-over-year increase of $44.7 million. This was primarily due to the growth in VBC revenue, which increased by 17% year-over-year to $287.5 million in Q1... More