Benzinga | Aug 5, 2021 05:13PM EDT

Apria Sees Q3 Sales $282M-$290M vs $284.15M Est., Sees FY21 Sales $1.12B-$1.15B vs $1.14B Est.

2021 Financial Guidance

For the third quarter of 2021, Apria is currently projecting the following financial results:

* Net revenue of $282 million to $290 million

* Adjusted EBITDA of $57 million to $61 million

* Adjusted EBITDA less Patient Equipment Capex of $35 million to $38 million

For the full year 2021, Apria is increasing guidance and is now projecting the following financial results:

* Net revenue of $1.12 billion to $1.15 billion; up from $1.12 billion to $1.14 billion

* Adjusted EBITDA of $221 million to $231 million; up from $207 million to $216 million

* Adjusted EBITDA less Patient Equipment Capex of $132 million to $142 million; up from $113 million to $120 million