Oncology Institute Second Quarter 2024 Earnings: US$0.17 loss per share (vs US$0.19 loss in 2Q 2023)

Oncology Institute (NASDAQ:TOI) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$98.6m (up 23% from 2Q 2023).
• Net loss: US$12.7m (loss narrowed by 8.3% from 2Q 2023).
• US$0.17 loss per share (improved from US$0.19 loss in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Oncology Institute Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Healthcare industry in the US.

Performance of the American Healthcare industry.

The company's shares are down 28% from a week ago.

Risk Analysis

Be aware that Oncology Institute is showing 5 warning signs in our investment analysis that you should know about...

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