American Well Corporation (NYSE:AMWL) Q1 2024 Earnings Call Transcript May 1, 2024 5:00 PM ET Company Participants Sue Dooley - Head of Investor Relations Ido Schoenberg - Chairman & Chief Executive Officer Robert Shepardson - Chief Financial Officer Conference Call Participants Charles Rhyee - TD Cowen Craig Hettenbach - Morgan Stanley Jessica Tassan - Piper Sandler Jailendra Singh - Truist Securities Matthew Shea - Needham & Company Stan Berenshteyn - Wells Fargo Securities Hanna Lee - Bank of America Jen ...

For the quarter ended March 2024, American Well Corporation (AMWL) reported revenue of $59.52 million, down 7% over the same period last year. EPS came in at -$0.25, compared to -$0.24 in the year-ago quarter.The reported revenue represents a surprise of -2.58% over the Zacks Consensus Estimate of $61.1 million. With the consensus EPS estimate being -$0.18, the EPS surprise was -38.89%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations t ...

American Well Corporation (AMWL) came out with a quarterly loss of $0.25 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to loss of $0.24 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -38.89%. A quarter ago, it was expected that this company would post a loss of $0.19 per share when it actually produced a loss of $0.17, delivering a surprise of 10.53%. Over the last four quarters, the company ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark One) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | |---------------------------------------------------------------------------------------------|------------------------------------------- ...

Exhibit 99.1 amwell AMWELL ANNOUNCES RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2024 BOSTON, May 1, 2024 – Amwell ® (NYSE: AMWL), a leader in hybrid care enablement, today announced financial results for the first quarter of 2024. "In Q1, we made significant strides forward. We are completing critical milestones to deploy our solution for the Military Health System, working alongside the Leidos Partnership for Defense Health. We also successfully migrated a large portion of our visit volume onto our Conv ...

Boston, April 17, 2024 (GLOBE NEWSWIRE) -- Amwell® (NYSE:AMWL), a leader in hybrid care enablement, will report its first quarter 2024 operating results Wednesday, May 1. Following the distribution of the earnings release via wire services, the Amwell management team will host a live conference call and webcast at 5 p.m. ET to review the company's operating results and provide a general business update. The audio webcast can be accessed by visiting the Investors section of the company's website. Alternative ...

Boston, March 06, 2024 (GLOBE NEWSWIRE) -- Amwell® (NYSE:AMWL), a leader in hybrid care enablement, is attending HIMSS 2024, March 11-15, in Orlando, Fla. Company leaders will be in booth #1441 to discuss Amwell's hybrid care enablement platform, Virtual Nursing solution, automated care and behavioral health programs and how this technology can address workforce shortages, access to care, the mental health crisis and other industry challenges.  In addition, three Amwell clients will present during two sessi ...

For the quarter ended December 2023, American Well Corporation (AMWL) reported revenue of $70.68 million, down 10.8% over the same period last year. EPS came in at -$0.17, compared to -$0.22 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $69.98 million, representing a surprise of +1.00%. The company delivered an EPS surprise of +10.53%, with the consensus EPS estimate being -$0.19.While investors closely watch year-over-year changes in headline numbers -- revenue an ...

Shares of American Well (AMWL 19.37%), also known as Amwell, are up 20.7% as of 2 p.m. ET Thursday after the telemedicine company announced better-than-expected fourth-quarter 2023 results.An "important year" for AmwellAmerican Well's fourth quarter didn't look great at first glance. Revenue declined 10.8% year over year to $70.7 million, translating to a net loss of $48.6 million, or $0.17 per share. But most analysts were modeling a significantly wider net loss of $0.20 per share on revenue closer to $70. ...

Boston, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Amwell® (NYSE:AMWL), a leader in hybrid care enablement, will attend VIVE 2024, Feb. 25-28, in Los Angeles. Executives will be onsite to discuss the company's hybrid care enablement platform, virtual nursing, automated care, and digital behavioral health programs and how technology can address workforce shortages, access to care, the mental health crisis and other industry issues.  In addition, two Amwell executives will lead or participate in ViVE panels:  Roy Sch ...