Cano Health Inc - Ordinary Shares - Class A

NYSE:CANO  
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Other Pre-Announcement

Cano Health Announces Financial Results For The Third Quarter 2021

Published: 11/09/2021 11:47 GMT
Cano Health Inc - Ordinary Shares - Class A (CANO) - Cano Health Announces Financial Results for the Third Quarter 2021.
Q3 Revenue Rose 100 Percent to $526.8 Million.
Raised 2021 and 2022 Guidance for Total Membership, Total Revenue, and Adjusted EBITDA.
Sees FY2021 Total Revenue of About $1.7 Billion, an Increase From Prior Guidance of $1.6 Billion.
Sees FY22 Total Revenue in Range of $2.6 Billion to $2.7 Billion.
Expects to Open Approximately 20 De Novo Medical Centers and Operate Approximately 130 Owned Medical Centers by End of 2021.
Q3 Earnings per Share View $-0.01, Revenue View $447.6 Million -- Refinitiv Ibes Data (analyst estimates).
FY2021 Revenue View $1.60 Billion -- Refinitiv Ibes Data (analyst estimates).