Viemed Healthcare Announces First Quarter 2024 Financial Results
Viemed Healthcare Announces First Quarter 2024 Financial Results
Viemed Healthcare, Inc. has reported its financial results for the three months ended March 31, 2024. Net revenues for the quarter ended March 31, 2024 were $50.6 million, representing an increase of $11.0 million, or 28%. Net income for the quarter totaled $1.6 million. Adjusted EBITDA for the quarter ended March 31, 2024 totaled $10.1 million, a 21% increase. As of March 31, 2024, the company maintains a strong cash balance of $7.3 million and an overall working capital balance of $8.5 million. Long-term debt as of March 31, 2024 amounted to $5.9 million.
Viemed Healthcare, Inc., a client of our Bristol Investor Relations company, is a national leader in respiratory care and technology-enabled home medical equipment services.
Read the full press release here: Viemed Healthcare Announces First Quarter 2024 Financial Results