Apollo Medical Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 04:31 pm EST
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Apollo Medical Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 348.17 million compared to USD 317 million a year ago. Net income was USD 22.06 million compared to USD 23.19 million a year ago. Basic earnings per share from continuing operations was USD 0.47 compared to USD 0.52 a year ago. Diluted earnings per share from continuing operations was USD 0.47 compared to USD 0.5 a year ago.
For the nine months, revenue was USD 1,033.63 million compared to USD 849.96 million a year ago. Net income was USD 48.36 million compared to USD 48.9 million a year ago. Basic earnings per share from continuing operations was USD 1.04 compared to USD 1.09 a year ago. Diluted earnings per share from continuing operations was USD 1.03 compared to USD 1.06 a year ago.
Astrana Health, Inc. is a healthcare company. The Company provides care coordination services to each constituent of the healthcare delivery system, including patients, families, primary care physicians, specialists, acute care hospitals, alternative sites of inpatient care, physician groups, and health plans. The Company's Care Enablement segment is an integrated, end-to-end clinical and administrative platform, powered by its technology suite, which provides operational, clinical, financial, technology, management, and strategic services. Its Care Partners segment is focused on building and managing provider networks by partnering with provider partners for coordinated care delivery. Its Care Delivery segment is a data-driven care delivery organization focused on delivering accessible care to all patients. Its care delivery organization includes primary care, multi-specialty care, and ancillary care services.