American Well Corporation

Equities

AMWL

US03044L1052

Healthcare Facilities & Services

Real-time Estimate Cboe BZX Other stock markets 02:30:52 2024-04-29 pm EDT			5-day change	1st Jan Change
0.56 ^USD	+6.06%		+1.01%	-62.56%

Apr. 15	Morgan Stanley Adjusts American Well's Price Target to $1 From $1.75, Keeps Equalweight Rating	MT
Apr. 04	American Well Received NYSE Noncompliance Notice	MT

American Well Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023

November 01, 2023 at 04:05 pm EDT

American Well Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 61.92 million compared to USD 69.21 million a year ago. Net loss was USD 136.41 million compared to USD 70.08 million a year ago. Basic loss per share from continuing operations was USD 0.48 compared to USD 0.25 a year ago.
For the nine months, sales was USD 188.37 million compared to USD 197.96 million a year ago. Net loss was USD 626.58 million compared to USD 209.27 million a year ago. Basic loss per share from continuing operations was USD 2.21 compared to USD 0.77 a year ago.

Latest news about American Well Corporation

Morgan Stanley Adjusts American Well's Price Target to $1 From $1.75, Keeps Equalweight Rating	Apr. 15	MT
American Well Received NYSE Noncompliance Notice	Apr. 04	MT
Amwell Names Cynthia Horner, M.D., Chief Medical Officer	Feb. 22	CI
Amwell Expands Presence in Australia with Amplar Health Partnership	Feb. 21	CI
Transcript : American Well Corporation, Q4 2023 Earnings Call, Feb 14, 2024	Feb. 14
American Well Corporation Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	Feb. 14	CI
American Well Corporation Provides Earnings Guidance for 2024 and 2025	Feb. 14	CI
American Well Corporation Announces Resignation of Deval Patrick from the Board of Directors	Dec. 26	CI
Transcript : American Well Corporation Presents at Bank of America Virtual Home Care Conference 2023, Dec-04-2023 01:20 PM	Dec. 04
Transcript : American Well Corporation Presents at Piper Sandler 35th Annual Healthcare Conference, Nov-29-2023 09:00 AM	Nov. 29
UBS Adjusts American Well Price Target to $1.30 From $2.60, Maintains Neutral Rating	Nov. 08	MT
Transcript : American Well Corporation, Q3 2023 Earnings Call, Nov 01, 2023	Nov. 01
American Well Corporation Reports Goodwill Impairment for the Third Quarter Ended September 30, 2023	Nov. 01	CI
American Well Corporation Reaffirms Revenue Guidance for the Year 2023	Nov. 01	CI
American Well Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Nov. 01	CI
Treasury Yields Rise Pushes Exchange-Traded Funds, Equity Futures Lower Pre-Bell Friday	23-10-20	MT
Top Premarket Gainers	23-10-20	MT
American Well, Leidos Awarded Contract for Military Health System's Digital Transformation	23-10-19	MT
U.S. Defense Health Agency Selects Amwell and Leidos to power the Digital First initiative for the U.S. Military Health System	23-10-19	CI
Amwell, Discovery Health to Offer Digital Mental Health Benefit in South Africa	23-10-10	MT
Amwell Partners With Discovery Health to Bring First-of-its-Kind Digital Mental Health Benefit to South Africa	23-10-10	CI
American Well, Nestle Unit Working Together on Nutrition Offerings in Healthcare	23-10-05	MT
Nestle Health Science Collaborates with Amwell to Improve Nutrition Outcomes in Healthcare	23-10-05	CI
American Well, Health Gorilla Collaborate to Provide Diagnostic Data on Amwell Converge Platform	23-09-26	MT
Health Gorilla and Amwell Announce Expanded Digital Diagnostic Lab Ordering for Clinicians	23-09-26	CI

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Company Profile

American Well Corporation is an enterprise platform and software company digitally enabling hybrid care. The Company offers a single, comprehensive platform to support all digital health needs from urgent to acute and post-acute care, as well as chronic care management and healthy living. It provides its clients with the core technology and services necessary to develop and distribute digital care programs. Its enterprise platform and software as a service solution enable hybrid care delivery by offering its clients products to help weave digital care across all care settings. For health systems, its enterprise platform enables provider-to-provider virtual care for use cases ranging from stroke and acute psychiatry evaluations to virtual nursing and e-sitting. Its suite of Carepoint devices can enhance in-person care, whether the clients want to turn existing equipment such as televisions or iPads into digital access points or use Amwell Carepoint carts and peripherals.

Sector

Healthcare Facilities & Services

Calendar

2024-05-01 - Q1 2024 Earnings Release

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Ratings for American Well Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C-

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.528 USD

Average target price

1.978 USD

Spread / Average Target

+274.58%

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