American Well Corp reports Q4 and full year 2021 results, provides 2022 guidance

American Well Corp

2022-FY EPS reported -$0.69 revenue$252,789,000

Q4 2021 revenue $72.8M, up from $60.4M in Q4 2020; full year revenue $252.8M vs $245.3M.
Full year net loss $176.8M, improved from $228.6M loss in 2020; adjusted EBITDA ($122.7M).
Active providers reached ~91,000 at year-end 2021, up from ~72,000 a year earlier.
2022 guidance: revenue between $275M and $285M; adjusted EBITDA between ($200M) and ($190M).
Subscription revenue rose to $108.3M in 2021 from $98.4M; visit revenue $116.6M vs $117.2M.

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