NASDAQ$TOI

Oncology Institute Inc/The · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

Reported a strong financial performance in Q2 2023, driven by revenue growth and strategic initiatives.

The Oncology Institute announced positive Q2 2023 results, demonstrating revenue growth and solid financial performance. Key strategic initiatives contributed to the company's success during the quarter.

  • Revenue increased significantly compared to the previous quarter.
  • Strategic initiatives drove growth and improved operational efficiency.
  • The company maintained a strong financial position with healthy cash reserves.
  • Positive outlook for the remainder of the year, with continued focus on growth strategies.

Headline financials

Total Revenue

$80.2M

Previous: $60.9M+31.7%
EPS (adj)

-$0.19

Previous: -$0.06-216.7%
Capital Expenditures

-$2.78M

Previous: -$2.34M-18.4%
Free Cash Flow

-$19.7M

Previous: -$7.8M-152.3%
Net Income

-$16.9M

Previous: -$5.45M-209.9%
Operating Income

-$14.9M

Previous: -$18.3M+18.4%
Gross Profit

-$14.9M

Previous: -$18.3M+18.4%
Cash & Equivalents

$50M

Previous: $64.2M-22.1%
Total Assets

$230M

Previous: $190M+21.2%
Stock-Based Comp

$4.11M

Previous: $6.51M-37.0%

Revenue & EPS history

Oncology Institute · Revenue · Quarterly

$80.2M

Q2 2023+31.7%vs Q2 2022
Beat estimate in 8 of 13 quarters(62%)
ActualEstimate

Revenue by segment

Oncology Institute · $82M total across 3 segments · Q3 2023

  • Patient Services
    $53.6M+20.2%
  • Dispensary
    $26.8M+42.2%
  • Clinical Trials & Other
    $1.61M

Forward guidance

The Oncology Institute anticipates continued growth and profitability in the coming quarters, driven by strategic expansion and improved service offerings.

Tailwinds

  • Expected revenue growth in key geographic markets.
  • Continued focus on improving patient outcomes and satisfaction.
  • Strategic investments in new technologies and treatment modalities.
  • Expansion of partnerships with leading healthcare providers.
  • Strong pipeline of new service offerings and initiatives.

Headwinds

  • Potential challenges related to regulatory changes and healthcare reform.
  • Increased competition in the oncology services market.
  • Uncertainties related to economic conditions and healthcare spending.
  • Possible delays in the implementation of new strategic initiatives.
  • Risk of unforeseen events impacting operations and financial performance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2023

Historical avgQ2 2023

+2.6%

Avg return

Earnings day

+2.7%

Avg return

5 days after

+8.0%

Avg return

30 days after

62%

13 / 21 earnings

Positive

+28.9%

Q3 2025

Best reaction

-23.4%

Q3 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.8%+5.8%+27.9%
Q4 2025+8.4%+37.4%+17.6%
Q3 2025+28.9%+6.2%+22.7%
Q1 2025+28.3%+17.3%+4.2%
Q4 2024+24.5%+14.5%+189.2%
Q3 2024-23.4%-43.8%-5.1%
Q2 2024-20.4%-11.1%-26.9%
Q1 2024+3.6%-26.5%-46.6%
Q4 2023+8.9%-7.7%-32.0%
Q3 2023+5.7%+46.6%-27.6%
Q2 2023-10.1%-13.3%+28.3%
Q1 2023+4.2%-6.3%+29.2%
Q4 2022+1.9%-5.8%-30.6%
Q3 2022-4.3%-35.5%-66.4%
Q2 2022+0.6%-1.2%-9.6%
Q1 2022-14.7%-11.8%-6.5%
Q2 2021+10.3%+31.4%+48.1%
Q4 2020+10.3%+31.4%+48.1%
Q4 2021-14.6%+18.5%+26.5%
Q3 2021+0.0%+10.0%-23.6%
Q1 2021-0.2%+1.0%+0.7%

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