secwatch.observer — SEC 8-K summary
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Issuer:     American Well Corp (AMWL)
CIK:        0001393584
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0000950170-23-003787
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amwell Q4 revenue $79.2M (+9% YoY); full-year net loss widens to $272.1M; 2023 guidance below 2022 revenue
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- Q4 2022 revenue $79.2M, up 9% YoY; subscription revenue $30.7M, AMG visit revenue $35.1M.
- Q4 net loss ($61.6M) improved from ($70.6M) in Q3 2022; adjusted EBITDA ($43.4M).
- Full-year 2022 revenue $277.2M (+10% YoY); net loss $272.1M vs $176.8M in 2021.
- Full-year adjusted EBITDA ($175.3M) vs ($122.7M) in 2021; cash and securities $538.5M.
- 2023 outlook: revenue $275-285M, AMG visits 1.45-1.65M, adjusted EBITDA ($150)-($160)M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393584/000095017023003787/0000950170-23-003787-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393584/000095017023003787/amwl-20230222.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-003787

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