Brief: WELL Health Reports Q1 Results, Increases Annual Guidance

WELL Health Technologies

11/05/2022 22:16

May 11 (Reuters) - WELL Health Technologies Corp  WELL.TO :
    * WELL HEALTH REPORTS RECORD QUARTERLY REVENUE REFLECTING
395%
GROWTH FOR Q1-2022 ACCELERATING ORGANIC GROWTH AND INCREASES
ANNUAL GUIDANCE
    * WELL REPORTED QUARTERLY REVENUES OF $126.5 MILLION IN
Q1-2022
REPRESENTING A 395% YOY INCREASE COMPARED TO Q1-2021
    * WELL IS INCREASING ITS GUIDANCE FOR 2022 ANNUAL REVENUE TO
EXCEED $525 MILLION FROM PREVIOUS GUIDANCE OF OVER $500 MILLION
    * ADJUSTED NET INCOME((3)) WAS $8.6 MILLION, OR $0.04 PER
SHARE,
IN Q1-2022
    * Q1 EARNINGS PER SHARE VIEW C$-0.01, REVENUE VIEW C$119.1
MILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nCNWgHXm2a 
Further company coverage:  WELL.TO 

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