Welcome to our dedicated page for Joint news (Ticker: JYNT), a resource for investors and traders seeking the latest updates and insights on Joint stock.
The Joint Corp (NASDAQ: JYNT) operates one of the nation's largest chiropractic networks through its innovative corporate-owned and franchise clinic model. This page serves as the definitive source for investors and industry observers tracking the company's latest developments.
Access official press releases, financial updates, and operational announcements in one centralized location. Our curated collection focuses on material events including quarterly earnings reports, franchise expansion initiatives, leadership updates, and strategic partnerships that shape the company's position in the healthcare sector.
All content undergoes strict verification to ensure accuracy and relevance for stakeholders. The streamlined format enables quick scanning of key developments while maintaining depth for detailed analysis. Regular updates reflect JYNT's evolving role in making chiropractic care more accessible through its unique membership-based model.
Bookmark this page for efficient monitoring of Joint Corp's progress in transforming retail healthcare delivery. Combine these verified updates with SEC filings and market analysis for comprehensive investment research.
The Joint Corp. (JYNT) reported a 24% revenue growth to $25.1 million for Q2 2022 compared to Q2 2021, driven by clinic expansion and organic growth. Despite revenue gains, net income fell to $345,000, down from $2.7 million in the same period last year. The company opened 34 new clinics, bringing the total to 769. Adjusted EBITDA decreased to $2.6 million from $3.8 million. The company reaffirmed its 2022 revenue guidance of $98-$102 million, indicating ongoing expansion plans while addressing tight labor market challenges.
The Joint Corp. (NASDAQ: JYNT) will announce its second quarter 2022 financial results on August 4, 2022, post-market close. CEO Peter D. Holt and CFO Jake Singleton will discuss the results during a conference call at 5:00 p.m. ET. Participants can join the call by dialing 1-877-270-2148 or 412-902-6510, using code 3438487. The live webcast and presentation will be available on the company's IR website for one year. The Joint Corp. is the largest provider of chiropractic care in the U.S., with over 750 locations and nearly 11 million visits annually.
The Joint Corp. (NASDAQ: JYNT) announces a corporate sponsorship agreement with the Norfolk Tides, becoming the official chiropractor for the 2022 Minor League Baseball season, which runs until October 31, 2022. This marks The Joint's first sponsorship in Minor League Baseball. CEO Peter D. Holt emphasized the benefits of chiropractic care for athletes, enhancing performance and injury prevention. The partnership aims to promote chiropractic services within the community, leveraging The Joint's model of convenient, appointment-free care across six locations in the greater Norfolk area.
The Joint Corp. (NASDAQ: JYNT) has acquired four franchised clinics for $5.8 million, effective May 19, 2022. This strategic acquisition enhances the company's corporate portfolio in the Scottsdale/Phoenix area, aligning with its growth strategy. CEO Peter D. Holt noted that these high-performing clinics will be immediately accretive to earnings and enhance operating margins. The valuation is consistent with prior acquisitions, reflecting the strength of the clinic teams. The acquisition bolsters The Joint's position as the largest chiropractic provider in the nation, with over 700 locations and nearly 11 million patient visits annually.
The Joint Corp. (NASDAQ: JYNT), the largest chiropractic care provider in the U.S., announced participation in several investor conferences in May and June 2022. Key events include the B. Riley 22nd Annual Institutional Investor Conference on May 25, the Craig-Hallum Annual Conference on June 1, the Stifel 2022 Cross Sector Insight Conference on June 9, and the Oppenheimer 22nd Annual Consumer Growth & E-Commerce Conference on June 14. The company will conduct presentations and one-on-one meetings, with materials available on their Investor Relations website.
The Joint Corp. (JYNT) reported strong growth in Q1 2022, with revenue increasing 28% to $22.4 million and system-wide sales up 27% to $98.8 million compared to Q1 2021. Despite a net loss of $206,000, the company opened 31 clinics, achieving a total of 736 clinics, including 100 corporate clinics. Adjusted EBITDA decreased to $1.8 million from $3.5 million, influenced by rising labor costs and operational expenses. The company updated its 2022 revenue guidance to $98-102 million, affirming its target of 110-130 new franchised clinics.
The Joint Corp. (NASDAQ: JYNT), a leader in chiropractic care, will release its first quarter 2022 financial results on May 5, 2022, after market close. CEO Peter D. Holt and CFO Jake Singleton will host a conference call at 5:00 p.m. ET to discuss the results. Interested participants can listen via phone at (765) 507-2604 or (844) 464-3931 using code 5175957. A live webcast and slide presentation will be available on the company's investor relations site and can be accessed for one year. The Joint Corp. operates over 700 clinics nationwide.
The Joint Corp. (NASDAQ: JYNT) announced the acquisition of regional developer rights for Northern California for $2.4 million, effective April 1, 2022. This acquisition allows oversight of 56 franchised clinics, including 20 operational and 36 in development, plus the opportunity for 19 more clinics. CEO Peter D. Holt stated this move aims to enhance growth and margin contribution in California, signaling strategic expansion potential in the chiropractic care market.
The Joint Corp. (NASDAQ: JYNT) announced the acquisition of the regional developer territory for Northern New Jersey, encompassing four franchised clinics, for $250,000 on March 17, 2022. This strategic move aims to bolster their corporate clinic footprint in the Northeast and aligns with their goal of opening 1,000 clinics by the end of 2023. As of the announcement, they operate 99 clinics, having added three new locations since December 2021.
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