UpHealth, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 20, 2023 at 05:25 pm EST
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UpHealth, 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 32.68 million compared to USD 38.67 million a year ago. Net loss was USD 20.61 million compared to USD 165.76 million a year ago. Basic loss per share from continuing operations was USD 1.12 compared to USD 11.17 a year ago.
For the nine months, revenue was USD 112.65 million compared to USD 118.31 million a year ago. Net loss was USD 47.82 million compared to USD 195.65 million a year ago. Basic loss per share from continuing operations was USD 2.74 compared to USD 13.41 a year ago.
UpHealth, Inc. is a healthcare technology and technology-enabled service company. The Company operates through three segments: Integrated Care Management, Virtual Care Infrastructure, and Services. The Integrated Care Management segment provides guidance and tools to enhance population health through its SyntraNet platform. This platform improves overall health system performance by leveraging capabilities in data and analytics, health information exchanges, pharmacy care services, health care operations, and population health. The Virtual Care Management leverages digital health tools, technology, data, and analytics to provide telehealth solutions, which use electronic information and telecommunications technologies to support and promote long-distance clinical health care, patient and professional health-related education, and virtual care infrastructure solutions. The Services platform provides behavioral health, mental health, and pharmacy services in the United States.
UPHEALTH, INC. 
