Post by
retiredcf on Jan 26, 2024 6:58am
And More
WELL has made several more acquisitions and continues to execute well. It is now profitable and solid earnings growth is expected. It has raised equity and thus the balance sheet is in better shape, with debt down more than $200M since year end 2022..... and
The release was positive. That being said, WELL has a habit of releasing news like this so its impact can get diluted with frequency. But, it will report record revenue and patient visits and double-digit organic growth, all of which are positive. We need to wait for full results, but the news should take some of the recent pressure off the stock. Business appears solid. (5iResearch)