earnings
confidence high
sentiment neutral
materiality 0.75
TOI reports Q2 revenue $99M (+23% YoY), net loss $15.5M; exploring strategic alternatives
Oncology Institute, Inc.
2024-Q2 EPS reported
-$0.39
revenue$193,244,000
- Q2 revenue $99M (+22.9% YoY); net loss $15.5M vs $16.9M prior year; EPS ($0.17).
- Gross profit $13M (-13.9%); gross margin 13.2% vs 18.8%; adjusted EBITDA ($8.7M) vs ($6.9M).
- Dispensary segment revenue up 76% YoY; 10 capitation contracts signed in 2024 so far.
- Company exploring strategic alternatives to maximize shareholder value.
- Cash $46.4M; full year 2024 guidance updated, expecting H2 improvement.