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. (NASDAQ: JYNT), the largest provider of chiropractic care in the U.S., has named Bosco Enterprises, LLC as the regional developer for Wisconsin and western Michigan. Managed by Jeff and Laura Bosco, who have been multi-unit franchisees since 2014, this development agreement targets cities including Milwaukee and Grand Rapids. The Joint's membership model eliminates insurance needs, promoting a recurring revenue stream for franchisees. The company's rapid growth and expansion underscore its role in improving access to chiropractic care.
The Joint Corp. (NASDAQ: JYNT) has received recognition from top national ranking lists, highlighting its expanding retail healthcare model and resilience during the pandemic. The company aims to operate 1,000 clinics by 2023 and has seen notable rankings: Forbes named it the 13th Best Small Company, Franchise Times ranked it 17th on its Fast & Serious List, and Entrepreneur placed it 58th in its Franchise 500. This acclaim underscores The Joint's commitment to delivering accessible chiropractic care across the U.S.
The Joint Corp. (NASDAQ: JYNT) has partnered with the University of South Florida (USF) and Vinik Sports Group (VSG) to become the official chiropractor of USF Athletics. This collaboration highlights the importance of chiropractic care in enhancing athletic performance and preventing injuries. The Joint’s president, Peter D. Holt, expressed pride in supporting USF Athletics. With over 550 locations nationwide and more than seven million patient visits annually, The Joint continues to lead in providing affordable chiropractic care without the need for insurance.
The Joint Corp. (NASDAQ: JYNT) has acquired regional developer territories in North Carolina and Georgia for $2.4 million, encompassing 69 franchised clinics and 37 signed agreements for unopened clinics. This acquisition increases the total number of company-owned or managed clinics to 64. The CEO emphasized that this move will enhance margin contributions and reduce expenses related to sales commissions and royalties. The company also aims to open corporate clinics in these mature markets while continuing to expand its franchise operations.
The Joint Corp. (NASDAQ: JYNT), the largest provider of chiropractic care in the U.S., has been ranked #59 in Entrepreneur magazine's inaugural Top Growth Franchises list. This ranking recognizes companies with significant franchise unit growth over a three-year period. The Joint Chiropractic aims to expand its footprint to 1,000 locations by the end of 2023. The ranking showcases its business model and development momentum, emphasizing its strategic growth amidst challenges faced in the franchise sector.
The Joint Corp. (NASDAQ: JYNT) has announced its participation in the Roth Virtual Deer Valley Conference scheduled for December 10-11, 2020. CEO Peter D. Holt and CFO Jake Singleton will conduct one-on-one meetings on December 10 and 11. Investors interested in scheduling meetings should reach out to their Roth representative. Since its inception in 2010, The Joint has transformed chiropractic care accessibility, boasting over 550 locations and seven million patient visits annually.
The Joint Corp. (JYNT) reported impressive financial results for Q3 2020, achieving a 21% revenue increase to $15.4 million compared to Q3 2019. They posted a record net income of $1.6 million, up 160%, and a record Adjusted EBITDA of $2.6 million, up 84%. The clinic count rose to 560 with 22 new clinics opened. Franchise licenses sold increased to 30 from 28 year-over-year. With strong performance, the company reestablished guidance, expecting 2020 revenue between $58 million and $59 million, exceeding 2019 levels.
The Joint Corp. (NASDAQ: JYNT) announced its Black Friday promotion to help individuals handle holiday stress, running from Nov. 23 to Nov. 30. Patients can enjoy two free chiropractic visits with a 10-visit package purchase or four free visits with a 20-visit package purchase. As stress may lead to physical discomfort, chiropractic adjustments aim to improve joint movement and reduce pain. The Joint Chiropractic is recognized for its accessible, no-appointment service model, providing affordable care without insurance hassles.
The Joint Corp. (NASDAQ: JYNT) will report its third quarter 2020 financial results on November 5, 2020, after market close. President and CEO Peter D. Holt and CFO Jake Singleton will discuss the results in a conference call at 5:00 p.m. ET. Interested parties can preregister for the call here. The webcast and presentation will be available for one year in the IR events section.
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