- American Well press release ( NYSE: AMWL ): Q2 GAAP EPS of -$0.25 beats by $0.01 .
- Revenue of $64.52M (+7.1% Y/Y) beats by $0.39M .
- Reported gross margin of 43.4%
- Improved adjusted EBITDA to ($42.8) million from ($47.1) million in the first quarter of 2022
- Total active providers grew 46% to 103,500, compared to 71,000 in the second quarter of 2021
- Total visits grew 19% to 1.5 million compared to the second quarter of 2021
- Cash and short-term securities as of quarter-end were approximately $630.1 million.
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American Well GAAP EPS of -$0.25 beats by $0.01, revenue of $64.52M beats by $0.39M