Stocks in play: Neighbourly Pharmacy Inc.
Announced its financial results for the twelve-week period ended September 9, 2023. Revenue for the second quarter increased to $203.2 million, up $24.3 million or 13.6% compared to prior-year. 75% of the growth was driven by pharmacies acquired in the past 12 months. Adjusted EBITDA for the second quarter increased to $21.4 million, up 8.0% primarily due to the incremental contributions from pharmacies added to the Company's network in the past 12 months. Neighbourly Pharmacy Inc. shares T.NBLY are trading unchanged at $17.30.
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