Joint Corp rises on 'positive' operating metrics for FY 2022

Joint

12/01/2023 16:27

** Shares of chiropractic clinic operator The Joint Corp
 JYNT.O  rise 10% at $18.5 
    ** Co reports operating metrics for the year ended 2022 
    ** Annual patient visits rose 12% to 12.2 mln in 2022 - JYNT
    ** New patient count rose 4.7% in 2022 - JYNT
    ** Clinic network expanded 18.7% to 838 clinics in 2022 - co
    ** JUNT reports 9% rise in same-clinic sales in 2022
    ** Metrics being positive, highlight JYNT's brand resilience
in what has been a challenging year - brokerage Roth Capital
Partners
    ** 4 of 6 brokerages rate the stock "buy", 1 "hold" and 1
"sell"; their median PT is $23.5
    ** Stock has declined 70% in last 12 months
 (Reporting by Aditya Samal)
 ((Aditya.Samal@thomsonreuters.com;))