American Well Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 62.45 million compared to USD 64.52 million a year ago. Net loss was USD 92.48 million compared to USD 69.15 million a year ago. Basic loss per share from continuing operations was USD 0.33 compared to USD 0.25 a year ago.
For the six months, sales was USD 126.45 million compared to USD 128.75 million a year ago. Net loss was USD 490.16 million compared to USD 139.18 million a year ago. Basic loss per share from continuing operations was USD 1.74 compared to USD 0.51 a year ago.