NYSE$EVH

Evolent Health Inc · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

Evolent Health's Q1 2020 financial performance was announced, demonstrating revenue growth and strategic advancements.

Evolent Health reported a 25.0% increase in GAAP revenue, reaching $247.3 million, and an Adjusted EBITDA of $3.6 million. The company added two new health plan partners and focused on supporting existing partners during the COVID-19 crisis.

  • GAAP revenue increased by 25.0% to $247.3 million.
  • Adjusted EBITDA was reported at $3.6 million.
  • Approximately 3.4 million lives were on the platform.
  • Two new health plan partners were added, utilizing New Century Health's services.

Headline financials

Total Revenue

$247M

Previous: $198M+25.0%
EPS (adj)

-$0.14

Previous: -$0.31+54.8%
Free Cash Flow

-$78.8M

Previous: -$56.2M-40.1%
Net Income

-$78.8M

Previous: -$46.7M-68.5%
Operating Income

-$25.5M

Previous: -$46.6M+45.3%
Gross Profit

$0.00

Previous: -$21.1M+100.0%
Cash & Equivalents

$67.9M

Previous: $171M-60.2%
Total Assets

$1.45B

Previous: $1.63B-11.0%
Stock-Based Comp

$3.51M

Previous: $4.54M-22.7%

Revenue & EPS history

Evolent Health · Revenue · Quarterly

$247M

Q1 2020+25%vs Q1 2019
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Evolent Health · $92.7M total across 3 segments · Q3 2023

  • Cases
    $37.4M
  • Performance Suite
    $32.8M
  • Administrative Services
    $22.5M

Forward guidance

For the three months ended June 30, 2020, Adjusted Revenue is expected to be in the range of approximately $236.0 million to $247.0 million. Adjusted EBITDA is expected to be in the range of approximately $5.0million to $8.0 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

+2.2%

Avg return

Earnings day

+1.2%

Avg return

5 days after

-1.9%

Avg return

30 days after

65%

32 / 49 earnings

Positive

+29.2%

Q2 2024

Best reaction

-46.1%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+11.5%+8.6%+9.9%
Q4 2025+25.0%+39.8%-13.7%
Q3 2025-17.5%-25.8%-34.3%
Q1 2025-16.2%-17.1%-22.7%
Q4 2024-2.6%-11.8%-10.6%
Q3 2024-46.1%-41.7%-55.0%
Q2 2024+29.2%+28.5%+49.3%
Q1 2024-10.3%-12.5%-13.9%
Q4 2023+13.8%+14.1%+8.3%
Q3 2023+13.5%+18.4%+20.4%
Q2 2023-7.5%-4.6%-14.2%
Q1 2023-4.3%-0.9%-11.4%
Q4 2022+9.1%+9.0%-4.4%
Q3 2022-10.8%-22.4%-1.2%
Q2 2022+4.9%+2.7%+6.2%
Q1 2022+0.9%-8.5%+4.0%
Q4 2021+13.9%+16.4%+34.8%
Q3 2021+3.4%+0.3%-10.4%
Q2 2021+3.5%+2.9%+13.5%
Q1 2021+8.2%+11.7%+5.2%
Q4 2020-3.1%-6.9%-0.9%
Q3 2020+6.9%+15.3%+41.0%
Q2 2020+8.3%+8.8%+13.7%
Q1 2020+12.6%+11.4%-1.6%
Q4 2019-13.7%-18.2%-48.0%
Q3 2019+16.3%+29.7%-14.4%
Q2 2019+9.3%+17.2%+13.4%
Q1 2019-1.3%+0.9%-34.6%
Q4 2018-3.5%-8.8%-14.2%
Q3 2018+14.5%+10.8%-8.5%
Q2 2018+1.4%+5.0%+17.2%
Q1 2018+8.4%+12.8%+36.4%
Q4 2017+1.0%+5.5%-1.7%
Q3 2017-13.4%-27.5%-16.0%
Q2 2017-17.6%-23.7%-25.9%
Q1 2017+3.3%+5.0%+14.2%
Q4 2016+5.7%+1.2%+8.0%
Q3 2016-3.1%-9.7%-13.9%
Q2 2016+3.8%+9.6%+3.1%
Q1 2015+0.7%
Q1 2016+14.5%
Q4 2013+3.9%
Q1 2014+3.9%
Q2 2015+3.9%
Q4 2015+14.6%
Q3 2014+12.0%
Q3 2015+11.8%
Q2 2014-8.5%
Q4 2014-8.5%

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