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Stock impact report

JYNT's Q3 Earnings Meet Estimates Amid Higher Costs, Shares Dip 3% [Yahoo! Finance]

The Joint Corp. (JYNT) 
Last the joint corp. earnings: 3/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.thejoint.com/investor-overview
Company Research Source: Yahoo! Finance
Impairment-related charges also affected the bottom line. Nevertheless, the downside was offset by higher system-wide sales, led by improved royalty fees, advertising fund revenues and software fees. JYNT reported adjusted earnings per share of 4 cents, which matched the Zacks Consensus Estimate. The bottom line compared favorably with the adjusted loss of 5 cents per share reported a year ago. Revenues improved 2% year over year to $30.2 million. The top line surpassed the consensus mark by 5.5%. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The Joint Corp. price-consensus-eps-surprise-chart | The Joint Corp. Quote Revenues from company-owned or managed clinics of $17.5 million dipped 1.9% year over year. Royalty fees advanced 10.2% year over year to $7.9 million in the third quarter. Advertising fund revenues were $2.2 million, up 9.6% year over year. Software fees of $1.4 million improved 10% year over year. Meanwhile, franchise fees fell 7.5 Show less Read more
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