earnings
confidence high
sentiment positive
materiality 0.60
VSee Health Q2 revenue up 33% to $1.7M; net loss narrows to $0.3M
VSEE HEALTH, INC.
- Revenue $1.7M (+33% YoY); net loss $0.3M ($0.06/shr) vs $0.4M net loss in prior-year quarter.
- Completed de-SPAC merger on June 24, 2024; now trades on Nasdaq under VSEE.
- Partnered with Ava Robotics for telehealth robot; launched Aimee, a low-cost virtual care service for uninsured patients.
- Contract with Seven Corners Correctional Health for 24 federal prisons; secured Premier virtual care purchasing agreement.
- Cash and equivalents $1.1M; pro forma net loss $1.8M ($0.12/shr) for Q2 2024.