Signify: Q4 Earnings Snapshot

March 3, 2022 GMT

NORWALK, Conn. (AP) _ Signify Health Inc. (SGFY) on Wednesday reported fourth-quarter net income of $22.7 million.

On a per-share basis, the Norwalk, Connecticut-based company said it had net income of 13 cents. Earnings, adjusted for non-recurring gains, came to 1 cent per share.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 2 cents per share.

The healthcare platform posted revenue of $181.4 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $174.7 million.

For the year, the company reported profit of $19.7 million, or 11 cents per share. Revenue was reported as $773.4 million.

Signify expects full-year revenue in the range of $948 million to $971 million.


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