Recap: American Well Q1 Earnings

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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AMWLAmerican Well Corp
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