Why American Well Corporation Stock Soared Today [Yahoo! Finance]
American Well Corporation Class A (AMWL)
Company Research
Source: Yahoo! Finance
An "important year" for Amwell American Well's fourth quarter didn't look great at first glance. Revenue declined 10.8% year over year to $70.7 million, translating to a net loss of $48.6 million, or $0.17 per share. But most analysts were modeling a significantly wider net loss of $0.20 per share on revenue closer to $70.3 million. Amwell's top line included subscription revenue of $27.3 million and Amwell Medical Group (AMG) visit revenue of $32.1 million. Total active providers were 103,000 at year-end, while total visits arrived at 1.6 million. Amwell Chairman and CEO Ido Schoenberg, M.D., said the quarter "marked the close of an important year for Amwell [as it] secured and deployed strategic clients who provide us with important validation for our solution." What's next for Amwell shareholders? For the full-year 2024, Amwell issued guidance for revenue of $259 million to $269 million -- up from $259 million in 2023 -- assuming visits of between 1.6 million and 1.7 mil
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AMWL
News
- American Well Co. (NYSE: AMWL) had its "hold" rating re-affirmed by analysts at Needham & Company LLC.MarketBeat
- Compared to Estimates, American Well (AMWL) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
- American Well Corporation (AMWL) Reports Q1 Loss, Misses Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- AMWELL ANNOUNCES RESULTS FOR FIRST QUARTER 2024 [Yahoo! Finance]Yahoo! Finance
- AMWELL ANNOUNCES RESULTS FOR FIRST QUARTER 2024GlobeNewswire
AMWL
Earnings
- 5/1/24 - Miss
AMWL
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- AMWL's page on the SEC website