Earning reporting dateI looked on the website and WELL is always a little slow in posting their own news. I have looked other places as I watch when earnings numbers are released as that is report card day for companies. No one has reported when WELL is supposed to release their earnings report as far as I could read until it got snuck into this news item from the G&M.
However in the post from ace1mccoy, this one little piece of information that was hidden in the middle of the report:
" Ahead of the release of its third-quarter results on Nov. 12, Mr. Newman maintained his $10.8-million revenue estimated, citing “(1) strong revenue growth in clinical services given telehealth and a sticky patient base (family practice vs walk-ins); (2) accelerating digital services growth (EMR, telehealth and other), aided by COVID-19- related tailwinds; and (3) the benefit of previous acquisitions, including Cycura.”
Circle that day on your calender.
I am sure it will be preceded by a host of releases on how that $100 million is being deployed.
If you are hooked on positive news it is good to know there should be lots of supply coming in the next few weeks. Today is just a taste...