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Stock impact report

Viemed Healthcare Inc (VMD) Reports Record Financial Results for 2023 [Yahoo! Finance]

Viemed Healthcare, Inc. - Common Shares (VMD) 
Company Research Source: Yahoo! Finance
Adjusted EBITDA : Achieved a record $43.1 million for the year, indicating strong operational efficiency. Free Cash Flow : Increased by 294% to $19.1 million for the year, underscoring robust cash generation capabilities. Strong Cash Balance : Maintained a solid cash balance of $12.8 million as of December 31, 2023. Long-term Debt : Reported at $6.0 million, with no net debt and approximately $53 million available under existing credit facilities. Future Outlook : Expects to generate net revenues of approximately $49.7 million to $51.0 million in Q1 2024. Warning! GuruFocus has detected 3 Warning Signs with VMD. On March 6, 2024, Viemed Healthcare Inc ( NASDAQ:VMD ) released its 8-K filing , announcing a year of record financial results. The company, a national leader in respiratory care and technology-enabled home medical equipment services, reported significant growth in net revenues, net income, and adjusted EBITDA for both the fourth quarter and the full year ended De Show less Read more
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