CareMax Reports Second Quarter 2024 Results
CareMax, Inc. - Class A (CMAX)
Company Research
Source: Business Wire
Second Quarter Medicare Advantage Membership of 104,000, up 1% year-over-yearSecond Quarter Total Revenue of $198.6 million, down 12% year-over-year MIAMI--(BUSINESS WIRE)--CareMax, Inc. (NASDAQ: CMAX; CMAXW) (“CareMax” or the “Company”), a leading technology-enabled value-based care delivery system, today announced financial results for the second quarter ended June 30, 2024.“Although our medical expense ratio continued to run higher than target levels, we were able to manage toward another quarter of sequential improvement in MER in the second quarter, and we continued to make progress against our clinical initiatives,” said Carlos de Solo, Chief Executive Officer.Mr. de Solo continued, “Additionally, in July, we entered an agreement to access additional capital from our lenders and further extend the limited waiver of certain financial covenants in our credit facility. This funding will assist in bridging our liquidity as we continue to evaluate strategic alternatives for our bu
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CMAX
News
- CareMax Second Quarter 2024 Earnings: Misses Expectations [Yahoo! Finance]Yahoo! Finance
- CareMax, Inc. (CMAX) Reports Q2 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- CareMax Reports Second Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Boeing gets $2.56 billion contract from US Air Force for E-7A Wedgetail aircraft [Yahoo! Finance Canada]Yahoo! Finance Canada
CMAX
Earnings
- 8/9/24 - Miss
CMAX
Sec Filings
- 10/28/24 - Form 8-K
- 10/21/24 - Form 8-K
- 10/15/24 - Form 8-K
- CMAX's page on the SEC website