08:54 AM EST, 11/06/2025 (MT Newswires) -- Well Health ( WHTCF ) , a digital healthcare company, on Thursday reported a narrowed net loss and a rise in revenue driven by "strong performance" in its core Canadian businesses.

For the three-months ended Sept. 30, net loss was $2.7 million compared with $88.4 million, a year earlier. Adjusted net income per share was $0.16 per share in Q3, compared with adjusted net income per share of $0.02, a year-ago, missing a consensus estimates compiled by FactSet of $0.09.

Revenue increased to $364.6 million in the quarter, compared with $234.1 million a year-ago, driven by organic growth and acquisitions. The result missed consensus estimates compiled by FactSet of $368.1 million.

"We had an excellent quarter driven by strong performance network-wide but especially in our core Canadian businesses," said Well Health ( WHTCF ) Chief Executive Hamed Shahbazi. "We are also very excited with the progress of our WELLSTAR subsidiary who delivered another strong better than 'Rule of 40' quarter reflecting strong organic revenue growth and healthy Adjusted EBITDA margins."

The company reaffirmed its previously provided outlook for annual revenue between $1.40 billion to $1.45 billion with adjusted EBITDA between $190 million to $210 million.

Shares of the company closed up 1.2% to $4.9 on Wednesday on the Toronto Stock Exchange.