Babylon delivers strong 2022 results, beating expectations

Austin, texas & london--( business wire )--babylon holdings limited (nyse: bbln) (“babylon” or the “company”) today confirmed that its revenue for the year ended december 31, 2022 is expected to exceed $1.05 billion on both a u.s. gaap and international financial reporting standards (ifrs) basis, including revenue from the ipa business in california. babylon also expects to beat its previous ifrs adjusted ebitda guidance of $(270) million or less for 2022. these financial results are preliminary, unaudited and subject to change in connection with the completion of babylon's financial closing process and the preparation of its audited financial statements for 2022.
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