Viemed Healthcare Inc reports results for the quarter ended September 30 - Earnings Summary

Viemed Healthcare Inc reported Q3 adjusted earnings of 9 cents per share, down from 10 cents a year ago, meeting analyst expectations. Revenue increased 24% to $71.91 million, slightly below the $72 million forecast. The company’s net income was $3.51 million. Shares fell 5.3% this quarter and 19.8% year-to-date. Analysts' earnings estimates have decreased by 10% over the last three months, with no recent revisions. The average analyst rating is "buy," with a 12-month price target of $13.00, 50.5% above the last closing price of $6.43.