MARKET COMPOSITE
AMWL - American Well Corporation8:00:02 PM 3/28/2024
Price
$0.81
-0.05 (-6.01%)
American Well Corporation provides a telehealth application that connects and enables providers, insurers, patients, and innovators to deliver access to healthcare. Its application offers urgent care; pediatrics; therapy; menopause nutrition; menopause counseling; telestroke; population health management; telepsychiatry; pregnancy and postpartum nutrition; pregnancy and postpartum therapy; breastfeed support; menopause care; pregnancy and postpartum care; and chromic disease management services. The company also provides telemedicine equipment, including telemedicine carts, peripherals, and kiosks. Its application is available on App Store and Google Play. American Well Corporation was founded in 2006 and is based in Boston, Massachusetts. It has additional offices in Reston, Virginia; Seattle, Washington; and Ramat Gan, Israel.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue70.7MM+14%
Gross Profit23.8MM-
Cost Of Revenue46.8MM+16%
Operating Income-57MM-60%
Operating Expenses80.8MM-
Net Income-48.6MM-64%
R&D26.3MM-5%
G&A24.4MM-18%
Marketing21.8MM+7%
Amortization8.2MM-0%
Stock Chart

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Stock news

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    The announcement comes about a week after the telehealth vendor said it had reduced its headcount by about 10% since the end of 2023.

    Horner brings to the role 25 years in family medicine, completion of 25,000 virtual care visitsBoston, Feb. 22, 2024 (GLOBE NEWSWIRE) -- Amwell® (NYSE: AMWL), a leader in hybrid care enablement, named Cynthia Horner, M.D., FAAFP, as its chief medical officer. Horner has also been named president of Amwell’s clinical partner, Amwell Medical Group (AMG), a nationwide network of clinicians delivering virtual care 24 hours a day, every day, exclusively on the Amwell platform. As chief medical office

    Amplar Health to leverage Amwell’s digital care technology for chronic disease prevention programsBoston & Melbourne, Australia, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Amwell® (NYSE: AMWL), a leader in hybrid care enablement, announced today that it has partnered with Amplar Health to expand access to hybrid and digital care programs across Australia. Amplar Health partnered with Amwell to support delivery of its prevention programs to reach more Australians at risk of chronic disease. The Amwell Aut

    Boston, Feb. 21, 2024 (GLOBE NEWSWIRE) -- Amwell® (NYSE: AMWL), a leader in hybrid care enablement, announced that company executives will participate in the TD Cowen Health Care Conference on Tuesday, March 5 in Boston. Ido Schoenberg, M.D., Amwell chairman and co-CEO, and Robert Shepardson, Amwell CFO, will participate in a fireside chat at 10:30 a.m. ET, along with one-on-one meetings throughout the day. An audio webcast of the fireside chat will be available at investors.amwell.com. About Am

    The headline numbers for American Well Corporation (AMWL) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

    Amwell delivered a solid fourth quarter and encouraging 2025 outlook.

    American Well Corporation (NYSE:AMWL) Q4 2023 Earnings Call Transcript February 14, 2024 American Well Corporation beats earnings expectations. Reported EPS is $-0.17, expectations were $-0.19. AMWL isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon. My name is Brianna, […]