earnings
confidence high
sentiment neutral
materiality 0.60
TOI Q3 revenue up 22% to $99.9M; net loss narrows to $16.1M, adjusted EBITDA -$8.2M
Oncology Institute, Inc.
2024-Q3 EPS reported
-$0.56
revenue$293,145,000
- Revenue $99.9M (+21.8% YoY), driven by dispensary revenue surge of 79.9%.
- Gross profit $14.4M (-10.1% YoY); SG&A reduced 6% to $26.6M.
- Net loss $16.1M ($0.18 EPS) vs $17.4M loss in Q3 2023.
- Adjusted EBITDA -$8.2M vs -$5.3M in prior year period.
- Board completed strategic review; elected to continue current plan.