Joint 9/13/2023 Earnings Report

Joint EPS Results

• Actual EPS: -$0.01
• Consensus EPS: $0.01
• Beat/Miss: Missed by -$0.02
• One Year Ago EPS: N/A

Joint Revenue Results

• Actual Revenue: $29.31 million
• Expected Revenue: $29.85 million
• Beat/Miss: Missed by -$540.00 thousand
• YoY Revenue Growth: N/A

Joint Announcement Details

• Date: 9/13/2023
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

The Joint (NASDAQ:JYNT) Chiropractic, Inc., doing business as Joint (NASDAQ: JYNT), is a franchisor and operator of outpatient chiropractic clinics in the United States. Under its flagship The Joint Chiropractic brand, the company offers membership-based, cash-focused spinal adjustment services designed to promote accessible, routine care for neck and back discomfort. By removing insurance requirements and offering walk-in visits, Joint aims to streamline the patient experience and reduce cost barriers to ongoing chiropractic treatment.

Joint’s growth strategy centers on partnering with franchisees to expand its network of clinics. Since its founding in 1999, the company has opened over 700 locations across more than 25 states, serving a diverse customer base of both first-time and long-term patients. Joint employs standardized training programs, proprietary care protocols and technology-driven scheduling systems to ensure consistent service quality and operational efficiency across its franchise system.

Headquartered in Scottsdale, Arizona, Joint completed its initial public offering in late 2021, transitioning from a privately held franchisor to a publicly traded company. The business was founded by chiropractor Peter D. Holt, who continues to serve as Chief Executive Officer, overseeing national expansion efforts. With a focus on digital marketing, patient retention and incremental clinic growth, Joint seeks to capture a larger share of the growing U.S. chiropractic services market.