American Well AMWL reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
American Well missed estimated earnings by 14.29%, reporting an EPS of $-0.24 versus an estimate of $-0.21.
Revenue was down $231 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 13.81% drop in the share price the next day.
Here's a look at American Well's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | -0.25 | -0.26 | -0.26 | -0.23 |
EPS Actual | -0.22 | -0.25 | -0.25 | -0.26 |
Revenue Estimate | 78.05M | 68.23M | 64.13M | 64.94M |
Revenue Actual | 79.23M | 69.21M | 64.52M | 64.23M |
To track all earnings releases for American Well visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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