Globe & MailAs expected, the dip didn't last long. GLTA
WELL Health Technologies Corp. dipped despite announcing it expects to announce a record revenue when it releases its third-quarter results for fiscal 2023 on Nov. 14.
The Vancouver-based digital healthcare company said the result is “underpinned by record care metrics which includes record patient visits of over 1.03 million and almost 1.58 million Total Care Interactions, which now includes Billed Provider Hours.”
“This quarter’s strong performance was driven by organic growth as well as a full quarter of recently announced acquisitions,” the company said in a premarket release. “Q3-2023 will be WELL’s 19th consecutive quarter of record quarterly revenues.”
The Street is currently projecting earnings per share for the quarter of nil with revenue of $197.5-million. In its second quarter, it reported revenue of $170.92-million and an earnings loss of 2 cents per share.