Sharecare announces third quarter 2023 financial results and operational highlights
ATLANTA, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Sharecare (Nasdaq: SHCR ), the digital health company that helps people manage all their health in one place, today announced financial results for the quarter ended September 30, 2023.
- ATLANTA, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Sharecare (Nasdaq: SHCR ), the digital health company that helps people manage all their health in one place, today announced financial results for the quarter ended September 30, 2023.
- “I am pleased with our strong financial results in the third quarter, including record adjusted EBITDA margins, execution against our core KPIs, successful implementation of our comprehensive cost-savings program, and advancement toward cash flow breakeven,” said Jeff Arnold, chairman and CEO of Sharecare.
- Net loss attributable to Sharecare of $24.5 million compared to $27.4 million, a decrease of $2.9 million.
- Strong performance across Sharecare’s channels, including record revenue in Provider, was offset slightly by lower volumes in our nurse staffing service.