American Well (NYSE:AMWL) reported quarterly losses of $(0.23) per share which beat the analyst consensus estimate of $(0.25) by 8 percent. This is a 27.78 percent decrease over losses of $(0.18) per share from the same
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American Well Corp (NYSE: AMWL) shares are trading higher Thursday following reports that Amazon.com Inc (NASDAQ: AMZN) plans to shut down its telehealth business, Amazon Care.
According to Benzinga Pro data, during Q2, American Well (NYSE:AMWL) posted sales of $64.52 million. Earnings were up 0.86%, but American Well still reported an overall loss of $69.65 million.