The Oncology Institute reports Q4 EPS (14c) vs. (21c) last year

Reports Q4 revenue $100.3M vs. $85.8M last year. Daniel Virnich, CEO of TOI, commented, “I am very pleased with our performance in the fourth quarter of 2024. We were able to reduce our cash burn and generate positive cash flow from operations for a second consecutive quarter, driven by disciplined working capital management. Additionally, both dispensary and value-based patient services are gaining widespread adoption in the marketplace, as we build around the chassis of our fee-for-service patient services business. As we enter 2025, we will continue to build on our momentum through strong operational management, increased efficiencies, and strategic market expansion.”