CareMax Inc - Ordinary Shares - Class A

NASDAQ:CMAX   10:42:36 AM EDT
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Other Pre-Announcement

Caremax Inc. Announces Third Quarter 2021 Financial Results

Published: 11/15/2021 12:46 GMT
CareMax Inc - Ordinary Shares - Class A (CMAX) - .
Announces Third Quarter 2021 Financial Results.
Q3 GAAP Loss per Share $0.03.
Q3 Revenue $104.6 Million.
Q3 Earnings per Share View $-0.08 -- Refinitiv Ibes Data (analyst estimates).
Q3 Revenue View $108.3 Million -- Refinitiv Ibes Data (analyst estimates).
Reaffirmed Prior Guidance of Approximately 30,000 Medicare Advantage Members by End of 2021.
Medical Expense Ratio Was 75.4% for Q3 of 2021.
Expect Limited Impact to Risk-based Revenues Due to Covid in 2022.
Optimistic That Covid Utilization Headwinds Will Subside in 2022.