Quipt Home Medical Reports Second Quarter Fiscal 2024 Financial Results Posting Revenue Growth of 10% and Adjusted EBITDA Growth of 14% [Yahoo! Finance]
Quipt Home Medical Corp. - Common Shares (QIPT)
Company Research
Source: Yahoo! Finance
CINCINNATI, May 15, 2024 (GLOBE NEWSWIRE) -- Quipt Home Medical Corp. (the “ Company ”) (NASDAQ: QIPT; TSX: QIPT), a U.S.-based home medical equipment provider, focused on end-to-end respiratory care, today announced its second quarter fiscal 2024 financial results and operational highlights. These results pertain to the three and six months ended March 31, 2024, and are reported in United States dollars ("$", "dollars" and "US$") and have been rounded to the nearest hundred thousand. Quipt will host its Earnings Conference Call on Thursday, May 16, 2024, at 10:00 a.m. (ET). The dial-in number is 1 (844) 763 8274 or 1 (647) 484 8814. The live audio webcast can be found on the investor section of the Company's website through the following link: www.quipthomemedical.com Financial Highlights Revenue for Q2 2024 was $64.0 million compared to $58.1 million for Q2 2023, representing a 10% increase. Organic growth contributed approximately $3.3 million, or 6% on an annual basis. Th
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News
- Quipt Home Medical Corp. (NASDAQ: QIPT) was upgraded by analysts at Eight Capital to a "strong-buy" rating.MarketBeat
- Quipt Home Medical Corp. (NASDAQ: QIPT) had its price target lowered by analysts at Benchmark Co. from $10.00 to $9.00. They now have a "buy" rating on the stock.MarketBeat
- Quipt Home Medical Corp. (NASDAQ: QIPT) had its price target lowered by analysts at Stifel Nicolaus from $10.50 to $9.50. They now have a "buy" rating on the stock.MarketBeat
- Quipt Home Medical Corp. (NASDAQ: QIPT) had its price target lowered by analysts at Canaccord Genuity Group Inc. from $9.00 to $8.00. They now have a "buy" rating on the stock.MarketBeat
- Quipt Home Medical Corp. (NASDAQ: QIPT) was downgraded by analysts at Raymond James from a "market perform" rating to an "underperform" rating.MarketBeat
QIPT
Sec Filings
- 6/4/24 - Form 6-K
- 5/15/24 - Form 6-K
- 5/10/24 - Form 6-K
- QIPT's page on the SEC website