The Joint Corp. Reports First Quarter 2024 Financial Results
The Joint Corp. (JYNT)
Last the joint corp. earnings: 3/5 04:05 pm
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US:NASDAQ Investor Relations:
ir.thejoint.com/investor-overview
Company Research
Source: GlobeNewswire
- Grew Q1 2024 Revenue 5%, System-wide Sales 9%, and System-wide Comp Sales 3% vs. Q1 2023 - - Opened 23 Franchised Clinics, Increasing Clinic Count to 954 at March 31, 2024 - - Sold 15 Franchise Licenses, Tripling Sales Compared to Q4 2023 - SCOTTSDALE, Ariz., May 02, 2024 (GLOBE NEWSWIRE) -- The Joint Corp. (NASDAQ: JYNT), a national operator, manager, and franchisor of chiropractic clinics, reported its financial results for the quarter ended March 31, 2024. Financial Highlights: Q1 2024 Compared to Q1 2023 Grew revenue 5% to $29.7 million.Recorded operating income of $1.1 million, compared to operating loss of $653,000.Reported net income of $947,000, compared to $2.3 million, including the receipt of the employee retention credits of $3.9 million in Q1 2023.Increased system-wide sales1 9% to $126.3 million.Reported system-wide comp sales2 of 3%.Reported Adjusted EBITDA of $3.5 million, compared to $2.0 million.Sold 15 franchise licenses, compared to 17 in Q1 2023 and
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News
- The Joint Corp. Engages Capstone Partners to Accelerate Refranchising Efforts [Yahoo! Finance]Yahoo! Finance
- The Joint Corp. Engages Capstone Partners to Accelerate Refranchising EffortsGlobeNewswire
- The Joint Corp. to Participate in Upcoming Investor Conferences [Yahoo! Finance]Yahoo! Finance
- The Joint Corp. to Participate in Upcoming Investor ConferencesGlobeNewswire
- The Joint Corp. (NASDAQ: JYNT) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
JYNT
Earnings
- 5/2/24 - Beat
JYNT
Analyst Actions
- 3/8/24 - TheStreet
JYNT
Sec Filings
- 5/13/24 - Form DEFA14A
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- JYNT's page on the SEC website