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Viemed Healthcare Inc VMD

Viemed Healthcare, Inc. through its subsidiaries, is a provider of home medical equipment (HME) and post-acute respiratory healthcare services in the United States. The Company’s service offerings are focused on effective in-home treatment with clinical practitioners providing therapy and counselling to patients in their homes using cutting edge technologies. The Company’s products and services include Home Medical Equipment, In-home sleep testing, and Healthcare staffing. Home Medical Equipment provides respiratory and other home medical equipment, including home ventilation, bi-level positive airway pressure (BiPAP) and continuous positive airway pressure (CPAP) devices, percussion vests, and other medical equipment. In-home sleep testing provides in home sleep apnea testing services. Healthcare staffing provides healthcare staffing and recruitment services. The Company provides home medical equipment services through its interest in East Alabama HomeMed, LLC (HomeMed).


NDAQ:VMD - Post by User

Post by besttobeon Mar 04, 2021 10:33am
187 Views
Post# 32714429

Guidance Q1 - flat core revenue/lower covid sales

Guidance Q1 - flat core revenue/lower covid salesSo of course there would be a selloff. Less revenue has been guided for Q1,. So what is there to get excited about? Zero revenue growth predicted. 

"The Company expects to generate net revenues attributable to its core business of approximately $25.5 million to $26.5 million during the first quarter of 2021. In addition to its core business, the Company is continuing to pursue additional revenues related to the COVID-19 pandemic and estimates first quarter 2021 revenues of approximately $2.3 million to $3.3 million related to the COVID-19 pandemic. Total revenues for the first quarter of 2021 are estimated to be approximately $27.8 million to $29.8 million."
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