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Operator: Good afternoon. My name is Briana, and I will be your conference operator today. At this time, I would like to welcome everyone to the Amwell Q1 2024 Earnings Call.
Needham & Company LLC reiterated their hold rating on shares of American Well (NYSE:AMWL – Free Report) in a research note published on Thursday, Benzinga reports. Separately, Morgan Stanley dropped their price target on shares of American Well from $1.75 to $1.00 and set an equal weight rating on the stock in a report on […]
American Well (NYSE:AMWL – Get Free Report) issued its quarterly earnings data on Wednesday. The company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.18) by ($0.07), Zacks reports. American Well had a negative net margin of 260.63% and a negative return on equity of 40.19%. The business had revenue […]
UnitedHealth Group is shutting down its Optum Virtual Care telehealth business, which offered 24/7 care via virtual visits.