UpHealth, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
March 02, 2023 at 07:16 am
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UpHealth, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported revenue was USD 40.5 million compared to USD 33.91 million a year ago. Net loss was USD 27.36 million compared to USD 336.05 million a year ago. Basic loss per share from continuing operations was USD 1.82 compared to USD 23.64 a year ago. Diluted loss per share from continuing operations was USD 1.82 compared to USD 23.64 a year ago.
For the full year, revenue was USD 158.8 million compared to USD 123.8 million a year ago. Net loss was USD 223 million compared to USD 341.02 million a year ago. Basic loss per share from continuing operations was USD 15.17 compared to USD 31.86 a year ago. Diluted loss per share from continuing operations was USD 15.17 compared to USD 31.86 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. 
