Sharecare, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 10, 2024 at 02:43 am IST
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Sharecare, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 90.86 million compared to USD 116.3 million a year ago. Net loss was USD 35.09 million compared to USD 34.66 million a year ago.
Basic loss per share from continuing operations was USD 0.1 compared to USD 0.1 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to USD 0.1 a year ago.
Sharecare, Inc. is a digital healthcare company that helps people manage their health in one place. The Company offers virtual health platform, which is designed to help people, patients, providers, employers, health plans, government organizations, and communities to optimize individual and population-wide well-being by driving positive behavior change. The Company offers Sharecare+, a digital advocacy solution designed to deliver value through benefits navigation, clinical engagement, virtual care, and chronic case and utilization management. Its platform offers an accessible, interactive, personalized, and rewarding environment that aims to transform user engagement with their healthcare from episodic to everyday. The platform provides a single destination for people, patients, and caregivers to access and clinically reviewed content; digitally connect with other patients, community members and healthcare professionals, and adopt action plans provided by healthcare professionals.