IMAC Holdings Second Quarter 2019 Financial Results Feature Continued Significant Revenue Increase
IMAC Holdings, Inc. (IMAC)
Last imac holdings, inc. earnings: 11/14 09:00 am
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Source: GlobeNewswire
BRENTWOOD, Tenn, Aug. 16, 2019 (GLOBE NEWSWIRE) -- IMAC Holdings, Inc. (Nasdaq: IMAC) (“IMAC” or the “Company”), a provider of Innovative Medical Advancements and Care, specializing in regenerative rehabilitation orthopedic treatments without the use of surgery or opioids, announces financial results for the three and six months ended June 30, 2019. Financial results for the second quarter reflect the acquisitions of IMAC Regeneration Center of Kentucky, IMAC Regeneration Center of St. Louis, Advantage Therapy and ISDI Holdings, bringing the total number of IMAC locations to 14 as of June 30, 2019, compared with six locations as of June 30, 2018. Highlights from the second quarter of 2019 include the following (all comparisons are with IMAC for the second quarter of 2018, unless otherwise indicated): Total patient revenues were $8.9 million, compared with $1.4 millionNet revenues were $3.8 million, compared with $0.6 million, a gain of 521%Net loss was $1.7 million or $0.2
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