SHARECARE, INC. Reports Q1 2023 Financial Results: Net Loss Narrows Amidst Revenue Growth
Net Income Loss Mitigated as Revenue Continues Upward Trajectory
By USInMinutes
Published - Aug 09, 2023, 11:12 AM ET
Last Updated - Aug 09, 2023, 11:13 AM EDT
Sharecare, Inc.(SHCRW), a prominent player in the healthcare technology industry, has released its unaudited consolidated financial statements for the first quarter ending March 31, 2023. The company showcased promising trends in its financial performance, with a narrowed net loss and continued revenue growth.
Net Loss Narrows to $34.7 Million for Sharecare, Inc. in Q1 2023
Sharecare, Inc. reported a net loss of $34.7 million for the first quarter of 2023, marking a significant reduction from the net loss of $38.3 million recorded in the same period the previous year.
Revenue Surges to $116.3 Million for Sharecare, Inc. in Q1 2023
