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Neighbourly Pharmacy Inc(NBLY-T)
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Stocks in play: Neighbourly Pharmacy Inc.

Baystreet - Tue Aug 1, 2023

Announced its financial results for the 12-week period ended June 17, 2023. Revenue for the first quarter increased to $196.8 million, up $82.5 million or 72.1%. 95% of the growth was driven by pharmacies acquired in the past 12 months. Adjusted EBITDA for the fourth quarter increased to $19.9 million, up 76.5% primarily due to the incremental contributions from pharmacies added to the Company's network in the past 12 months. Adjusted Earnings per Share for the first quarter of $0.11, up compared to $0.09 for the first quarter of 2023. Neighbourly Pharmacy Inc. shares T.NBLY are trading up $0.18 at $16.20.

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