NeueHealth Second Quarter 2024 Earnings: US$6.42 loss per share (vs US$8.55 loss in 2Q 2023)

NeueHealth (NYSE:NEUE) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$226.0m (down 24% from 2Q 2023).
• Net loss: US$53.0m (loss narrowed by 22% from 2Q 2023).
• US$6.42 loss per share (improved from US$8.55 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

NeueHealth Earnings Insights

Looking ahead, revenue is forecast to grow 7.2% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Healthcare industry in the US.

Performance of the American Healthcare industry.

The company's shares are down 22% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 5 warning signs for NeueHealth (of which 3 shouldn't be ignored!) you should know about.

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