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Akumin Inc.

AKU•NASDAQ
Healthcare
Medical - Diagnostics & Research
$0.29
$-0.06(-17.87%)
empty-state-iconFinancials data is not available for this stockFinancials details for this stock are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

The company's financials show resilient growth, with revenue advancing from $186.60M in Q3 2022 to $184.84M in Q2 2023. Gross profit remained healthy with margins at 14% in Q2 2023 compared to 19% in Q3 2022. Operating income hit -$64.48M last quarter, sustaining a consistent -35% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $25.00M. Net income dropped to -$96.65M, while earnings per share reached -$1.07. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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