Babylon Holdings Limited (BBLN) Tops Q1 EPS by 91c
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Babylon Reports Q1 2023 Financial Results
May 10, 2023 6:01 AM EDTAUSTIN, 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