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Dec 31, 2023
The Joint Q4 2023 Earnings Report
The Joint Corp. reported its Q4 2023 financial results, showcasing revenue growth and strategic initiatives.
Key Takeaways
The Joint Corp. reported a revenue of $30.6 million for Q4 2023, compared to $27.7 million in Q4 2022. The company experienced a net loss of $11.0 million, or $0.75 per basic share, compared to net income of $763,000, or $0.05 per diluted share, in the fourth quarter of 2022. Adjusted EBITDA remained consistent at $4.0 million for both Q4 2023 and Q4 2022.
Revenue increased to $30.6 million in Q4 2023 from $27.7 million in Q4 2022.
Cost of revenue was $2.9 million, compared to $2.5 million in the fourth quarter of 2022.
Net loss was $11.0 million, or $0.75 per basic share, compared to net income of $763,000, or $0.05 per diluted share, in the fourth quarter of 2022.
Adjusted EBITDA was $4.0 million for both the fourth quarter of 2023 and 2022.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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