Joint Corp. Reports Revenue Growth Amid Strategic Changes
Company Announcements

Joint Corp. Reports Revenue Growth Amid Strategic Changes

Joint ( (JYNT) ) just unveiled an update.

The Joint Corp. reported a 2% revenue increase to $30.2 million for Q3 2024, despite a net loss of $3.2 million. The company continues its strategic refranchising efforts, resulting in a total of 963 clinics. CEO Sanjiv Razdan emphasized the company’s focus on growth, refranchising, and enhancing clinic economics to boost profitability and shareholder value. The company adjusted its 2024 guidance due to consumer headwinds, with expected system-wide sales between $525 million and $535 million.

See more insights into JYNT stock on TipRanks’ Stock Analysis page.

Related Articles
Austin AngeloJYNT Earnings this Week: How Will it Perform?
TipRanks Auto-Generated NewsdeskJoint Announces Leadership Change and New CEO Appointment
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App