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Oak Street Health, Inc. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 743.2 million compared to USD 506.1 million a year ago. Revenue was USD 752 million compared to USD 513.8 million a year ago. Net loss was USD 45.5 million compared to USD 96.5 million a year ago. Basic loss per share from continuing operations was USD 0.19 compared to USD 0.43 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to USD 0.43 a year ago.
Period Ending: | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 |
---|---|---|---|---|
Total Revenue | 752 | 577.7 | 545.7 | 523.7 |
Gross Profit | 99.3 | -18 | 4.7 | 33.2 |
Operating Income | -43.4 | -148.9 | -130.2 | -112.7 |
Net Income | -45.5 | -133 | -130.7 | -149.1 |
Period Ending: | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 |
---|---|---|---|---|
Total Assets | 2321.4 | 2054.7 | 2100.5 | 2063.2 |
Total Liabilities | 2588.1 | 2322 | 2256.1 | 2165.1 |
Total Equity | -266.7 | -267.3 | -155.6 | -101.9 |
Period Ending: | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 |
---|---|---|---|---|
Period Length: | 0 Months | 0 Months | 0 Months | 0 Months |
Cash From Operating Activities | -92.7 | -96.1 | -33.9 | -88.2 |
Cash From Investing Activities | 46.9 | 29.9 | 56.6 | 100.4 |
Cash From Financing Activities | 43.5 | 1.7 | 63.5 | -0.7 |
Net Change in Cash | -2.3 | -64.5 | 86.2 | 11.5 |
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