Evolent Health reports Q1 adjusted EPS 21c, consensus 20c

Reports Q1 revenue $427.7M, consensus $434.34M. The company said, "We achieved strong first quarter results and a positive start to 2023. Our revenue growth and Adjusted EBITDA margins give us confidence in our financial outlook for 2023 and year-end 2024 Adjusted EBITDA run-rate target. We welcomed NIA into the Evolent family in January and integration is proceeding as anticipated. Through the discipline of our three core operating priorities, Evolent seeks to continue to strengthen our position in specialty value-based care for years to come."