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ARLINGTON, Va. - Privia Health Group , Inc. (NASDAQ:PRVA) reported strong first quarter results that exceeded analyst expectations and raised its full-year 2025 guidance on Thursday.
The company’s shares were up 0.13% in premarket trading following the release.
The physician enablement company posted adjusted earnings per share of $0.22 for Q1, significantly beating the analyst consensus of $0.04. Revenue came in at $480.1 million, also topping estimates of $452.13 million and representing 15.6% year-over-year growth.
The company reported Practice Collections of $798.6 million, up 12.8% compared to Q1 2024. Adjusted EBITDA rose 35.1% year-over-year to $26.9 million.
Privia Health also announced its entry into Arizona through a partnership with Integrated Medical (TASE:BLWV) Services, expanding its geographic footprint.
Based on the strong Q1 results, management raised its full-year 2025 outlook to the mid- to high-end of most guidance ranges. The company now expects Practice Collections between $3.15-$3.25 billion and Adjusted EBITDA of $105-$110 million for the full year.
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