Brief: The Oncology Institute Reports Third Quarter 2022 Financial Results

Oncology Institute

09/11/2022 21:44

Nov 9 (Reuters) - Oncology Institute Inc  TOI.O :
    * THE ONCOLOGY INSTITUTE REPORTS THIRD QUARTER 2022
FINANCIAL
RESULTS AND UPDATES FULL YEAR 2022 GUIDANCE
    * ONCOLOGY INSTITUTE INC Q3 REVENUE ROSE 24.3 PERCENT TO
$65.0
MILLION
    * ONCOLOGY INSTITUTE INC - QTRLY LOSS PER SHARE $0.17
    * ONCOLOGY INSTITUTE INC - TAKING MULTI-PRONGED APPROACH TO
COST
REDUCTION, INCLUDING REDUCTION OF VENDOR & CONTRACT SPEND &
WORKFORCE REDUCTION IN FY22
    * ONCOLOGY INSTITUTE INC - EXPECT TO REALIZE BENEFITS FROM
COST
REDUCTION EFFORTS BEGINNING IN Q4 OF 2022
    * ONCOLOGY INSTITUTE INC SEES FY22 REVENUE BETWEEN $245
MILLION TO
$250 MILLION

Source text for Eikon:  ID:nGNX1s3wpM 
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