Sharecare, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
March 29, 2024 at 01:32 am IST
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Sharecare, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 105.28 million compared to USD 123.26 million a year ago. Net loss was USD 34.25 million compared to USD 24.12 million a year ago. Basic loss per share from continuing operations was USD 0.1 compared to USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.1 compared to USD 0.07 a year ago.
For the full year, sales was USD 445.25 million compared to USD 442.42 million a year ago. Net loss was USD 128.5 million compared to USD 118.71 million a year ago. Basic loss per share from continuing operations was USD 0.36 compared to USD 0.34 a year ago. Diluted loss per share from continuing operations was USD 0.36 compared to USD 0.34 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.