IMAC Holdings Reports Second Quarter 2021 Financial Results
IMAC Holdings, Inc. (IMAC)
Last imac holdings, inc. earnings: 11/14 09:00 am
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Source: GlobeNewswire
IMAC reports 36% increase in revenues and 70% increase in patient visits as it invests in value-generating assets BRENTWOOD, Tenn., Aug. 12, 2021 (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, today announces financial results for the second quarter ended June 30, 2021. Financial Highlights from 2Q 2021 (all comparisons are for the quarter ended June 30, 2020, unless otherwise indicated): Total revenue was $3.4 million, compared with $2.5 million, an increase of 36%Patient visits were up 70% with more than 44,778 visits at IMAC Centers, compared to 26,335Net loss was $2.5 million or $0.08 per share, compared with a net loss of $1.9 million or $0.20 per shareCash as of June 30, 2021, was $13.6 million compared to $2.6 million as of December 31, 2020
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