---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-118987"
form_type: "8-K"
ticker: "AMWL"
cik: "0001393584"
company_name: "American Well Corp"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:08:49.536251+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Amwell Q3 2024: Revenue $61M, net loss $44M; guidance cut on revenue and visits, EBITDA outlook narrowed

## Summary
- Q3 revenue $61.0M (subscription $26.2M, AMG visit revenue $27.5M); gross margin 37%.
- Net loss ($44.0M) vs ($49.9M) in Q2; Adjusted EBITDA ($31.0M) vs ($35.0M) in Q2.
- Total visits 1.4M, ~70% on Converge platform.
- FY2024 guidance revised: revenue $247-252M (from $259-269M); AMG visits 1.4-1.5M (from 1.6-1.7M).
- Adjusted EBITDA guidance improved to ($137)-($142)M from ($150)-($145)M.

## SEC filing metadata
- accession: 0000950170-24-118987
- form_type: 8-K
- ticker: AMWL
- cik: 0001393584
- company_name: American Well Corp
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1393584/000095017024118987/0000950170-24-118987-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1393584/000095017024118987/amwl-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-118987
- JSON: https://secwatch.observer/filing/0000950170-24-118987.json
- Plain text: https://secwatch.observer/filing/0000950170-24-118987.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.