Medical Transportation Revenue Rises 4% Driven by NYC and Delaware Demand
1 report, 1 independent
Updated Tue 00:00
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What happened
Total revenue reached $73.4 million, marking a 4% increase. Medical transportation revenue was $53.3 million, representing 6.4% growth driven by demand in New York City, Delaware, Wisconsin, and Tennessee. The company revised its full-year revenue guidance to approximately $300 million.
From fool.com
Why it matters
The growth in medical transportation revenue indicates strong demand in core markets, including New York City and Delaware. The company also reported an Adjusted EBITDA loss of $3.2 million, showing sequential improvement from previous quarters.
From fool.com
Who's involved
- DelawareMarket location contributing to revenue growth
- New York CityMarket location contributing to revenue growth
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The entities involved
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Delaware
state of the United States of America
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New York City
most populous city in the United States