The Joint Corp. Reports First Quarter 2024 Financial Results [Yahoo! Finance]
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
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Source: Yahoo! Finance
- 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 sales 9% to $126.3 million. Reported system-wide comp sales 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 five in Q4 2023. Expanded total clinic count to 954, up from 935 clinics at December 31, 2023. 819 franchised clinics at March 31, 2024: Opened 23 and closed fou
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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