Privia Health Reports Third Quarter 2023 Financial Results; Announces New Market Entry in South Carolina
Total revenue for the third quarter of 2023 was $417.3 million, compared to total revenue of $342.9 million for the prior year third quarter (+21.7%).
- Total revenue for the third quarter of 2023 was $417.3 million, compared to total revenue of $342.9 million for the prior year third quarter (+21.7%).
- Gross Profit for the third quarter of 2023 was $90.6 million, compared to $76.9 million for the prior year third quarter.
- Operating income for the third quarter of 2023 was $5.5 million, compared to operating loss of $(4.6) million for the prior year third quarter.
- Net income for the third quarter of 2023 included $10.8 million in non-cash stock compensation expense and $0.7 million in other expenses.