CareMax Inc. Q2 Loss increases, misses estimates

(RTTNews) - CareMax Inc. (CMAX) reported Loss for its second quarter that increased from last year and missed the Street estimates.

The company's earnings came in at -$32.38 million, or -$0.29 per share. This compares with -$9.38 million, or -$0.11 per share, in last year's second quarter.

Analysts on average had expected the company to earn -$0.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 30.3% to $224.44 million from $172.28 million last year.

CareMax Inc. earnings at a glance (GAAP) :

-Earnings (Q2): -$32.38 Mln. vs. -$9.38 Mln. last year. -EPS (Q2): -$0.29 vs. -$0.11 last year. -Analyst Estimate: -$0.07 -Revenue (Q2): $224.44 Mln vs. $172.28 Mln last year.