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Sharecare sees FY23 revenue $452.5M-$460M, consensus $458.7M

Sees FY23 Adjusted EBITDA in the range of $25 million to $30 million. Justin Ferrero, president and chief financial officer of Sharecare added, “While our business will continue to have some channel-level seasonality going forward, our expected adjusted EBITDA in the third quarter is indicative of the emerging underlying earnings power of Sharecare, driven in part by our $30 million annualized cost-savings initiative, which we also are on track to achieve by the end of 2023.”

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