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Viemed Healthcare Reports Record 2024 Financial Results and Positive Outlook for 2025

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Viemed Healthcare Reports Record 2024 Financial Results and Positive Outlook for 2025

Viemed Healthcare ( (VMD) ) just unveiled an update.

Viemed Healthcare announced record financial results for 2024, with net revenues reaching $224.3 million, marking a 23% increase over the previous year. The company also reported a significant rise in patient counts for ventilator and PAP therapy services, contributing to its eighth consecutive year of positive net income. Viemed’s strong cash flow and strategic growth in patient services position it favorably in the market, with expectations for continued revenue growth in 2025.

More about Viemed Healthcare

Viemed Healthcare, Inc. is a national leader in respiratory care and technology-enabled home medical equipment services.

YTD Price Performance: -7.75%

Average Trading Volume: 116,975

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $292M

See more data about VMD stock on TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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