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Neuehealth Inc (NEUE)
:NEUE
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Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-4.19Last Year’s EPS
19.54Same Quarter Last Year
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 11, 2021
|% Change Since: 50.81%
|Next Earnings Date:Aug 03, 2021
Earnings Call Sentiment|Positive
NeueHealth delivered its strongest financial performance to date, marked by significant consumer growth and strategic acquisitions. However, challenges remain with the operating loss in the NeueSolutions segment and the ongoing wind-down of the ACA insurance business. The positives, notably the record financial performance and strategic growth initiatives, outweigh the negatives.Company Guidance
In the third quarter of 2024, NeueHealth reported robust financial performance, achieving a record adjusted EBITDA of $9.4 million, contributing to a year-to-date total of $17 million, thus aligning with the annual guidance range of $15 million to $25 million. The company served approximately 509,000 consumers across its NeueCare and NeueSolutions segments, surpassing the full-year guidance range of 475,000 to 500,000. NeueCare generated $83.9 million in revenue with an operating income of $16.4 million, while NeueSolutions reported $152 million in revenue despite a $5.8 million operating loss. NeueHealth's consolidated revenue reached $232.9 million, with a gross margin of $50.2 million. The company maintained a solid financial position with $242.3 million in total cash and investments by the end of the quarter. The full-year outlook confirms expectations of approximately $950 million in consolidated revenue, with specific targets of $320 million from NeueCare and $640 million from NeueSolutions, alongside a consumer base of 330,000 to 345,000 in clinics and 145,000 to 155,000 in NeueSolutions.Record Financial Performance
NeueHealth reported its strongest financial performance to date in Q3 2024, with an adjusted EBITDA of $9.4 million, contributing to a total of $17 million through the first three quarters, within the full-year guidance range of $15-25 million.
Consumer Growth
The company served approximately 509,000 consumers across its NeueCare and NeueSolutions segments, exceeding the full-year guidance range and representing a growth of more than 30% over Q3 2023.
Successful Acquisition of Centrum Health
NeueHealth acquired full ownership of Centrum Health, streamlining operations and supporting a focus on advancing its value-driven consumer-centric care model.
NeueSolutions Segment Growth
NeueSolutions generated $152 million in revenue in Q3 2024, with consumer growth accelerating to serve approximately 119,000 consumers, exceeding expectations.
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NEUE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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NEUE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $4.94 | $5.25 | +6.28% |
| Aug 07, 2024 | $5.35 | $5.16 | -3.55% |
| May 08, 2024 | $6.30 | $6.42 | +1.90% |
| Mar 06, 2024 | $8.55 | $10.10 | +18.13% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Neuehealth Inc (NEUE) report earnings?
Neuehealth Inc (NEUE) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is Neuehealth Inc (NEUE) earnings time?
Neuehealth Inc (NEUE) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is NEUE EPS forecast?
NEUE EPS forecast for the fiscal quarter 2024 (Q4) is -4.19.
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