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Amwell touts military contract deployment wins in Q4

Telehealth provider Amwell has failed to grow its Q4 revenue year on year, but has narrowed its net loss and boosted subscription revenue, driven by defence contract deployments. However, the company has been warned about possible delisting from the New York Stock Exchange due to not meeting minimum share price standards. CEO Ido Schoenberg sees significant growth potential in the coming years despite the financial challenges.

Source: www.healthcaredive.com –

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