American Well Q4 Revenue Down 22%, EPS Loss Narrows to $1.43
American Well reported Q4 revenue of $55.31 million, down 22.1% year-over-year but 5.3% above consensus. EPS loss narrowed to $1.43 per share from $2.77, beating estimates by 10.1% alongside platform subscription revenue of $28.84 million and visits revenue of $23.71 million.
1. Q4 Financial Results
American Well generated $55.31 million in fourth-quarter revenue, marking a 22.1% decline from the prior year but exceeding consensus by 5.3%. The company reported an EPS loss of $1.43 compared to a $2.77 loss a year earlier, representing a 10.1% upside to estimates.
2. Segment Revenue Performance
Platform subscription revenue totaled $28.84 million, down 22% year-over-year and ahead of the $26.14 million estimate. Visits revenue reached $23.71 million, a 18.7% decline but above the $22.38 million forecast, while other revenue fell 43.4% to $2.76 million, missing the $3.92 million estimate.
3. Stock Reaction and Analyst Outlook
Shares of American Well have slumped 8.7% over the past month versus the S&P 500’s 0.3% drop. The stock holds a Hold rating, indicating expectations for in-line performance in the near term.