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See TranscriptAug 7, 2023 5:30 PM(historical)AMEH - Apollo Medical Holdings, Inc.
Earnings Metric
Announce Date2023-08-07
EPS Estimated$0.25
EPS Actual$0.28
EPS Surprise (%)
Beat by 12.0%
Revenue Actual$348.21M
Revenue Surprise
Beat by$6.24M
Apollo Medical Holdings reported strong financial results for the second quarter of 2023, with a revenue increase of 29% and adjusted EBITDA growth of 44% compared to the previous year. The company attributed its growth to robust organic membership expansion and an improved payer mix in its Care Partners segment. Strategic partnerships and acquisitions were also highlighted as key components of their growth strategy, particularly in expanding operations in California and Texas. Key Highlights: 1. Revenue reached $348.2 million, representing a 29% increase year-over-year, primarily driven by the Care Partners segment. 2. Adjusted EBITDA rose to $

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Apollo Medical Holdings, Inc.
40.82 USDAMEH
Market Cap
$1.83B
Beta
1.04
P/E
39.25
EPS
1.04
Dividend
N/A
Dividend Yield
N/A
Next Earnings Date
2024-02-27