earnings

Person talking with nurse on laptop
By  Trevor Dermody 03:46 pm April 29, 2024
Virtual care company Teladoc reported $646.1 million in revenue in the first quarter of 2024, a 3% increase from $629.2 million in Q1 2023. Its revenue from Teladoc Health Integrated Care increased to $377.1 million in Q1 2024, an 8% increase year-over-year, and BetterHelp revenue decreased 4% to $269 million.  The company posted an adjusted EBITDA of $63.1 million, a 20% year-over-year increase...
Healthcare provider leaning on a desk and looking at a computer
By  Jessica Hagen 12:33 pm March 29, 2024
DarioHealth, a digital chronic-condition-management platform, reported $3.6 million in revenue for Q4 2023, compared to $6.8 million for the fourth quarter of 2022, a 47% decrease. Year-over-year revenue in 2023 was $20.4 million, compared to $27.7 million for 2022. The New York-based company said the overall decrease in revenue stemmed from lower consumer and strategic-partner channels.  The...
People standing and sitting around a table with a screen showing a graph behind them
By  Jessica Hagen 01:26 pm October 31, 2023
GE HealthCare reported its third-quarter earnings today, noting revenue of $4.8 billion, a 5% year-over-year revenue growth and 6% organic revenue growth, seeing its stock price rise.  The company, which officially spun out of GE earlier this year, reported $375 million in net income compared to $487 million compared to the prior-year period, with a net income margin of 7.8% versus 10.6%,...
Person sitting while looking at a tablet with two other people standing up looking at a graph on a screen
By  Jessica Hagen 06:25 pm July 27, 2023
Teletherapy company Talkspace saw its stock price rise after reporting second-quarter revenue of $35.6 million, a 19% increase over the prior year period, driven by an 82% increase in B2B revenue year-over-year and partially offset by a 41% consumer revenue decline. The New York-based company's net loss was substantially lower in the second quarter at $4.7 million than its $23 million loss in Q2...
Two people sitting on a couch with a child sitting on one's lap while talking to a healthcare provider on a computer
By  Jessica Hagen 12:34 pm July 26, 2023
Teladoc Health stock rose Tuesday after the virtual care company reported a 10% increase in revenue year-over-year to $652.4 million from $592.4 million in the prior year. For Teladoc Health's Integrated Care segment, revenue increased 5% year-over-year to $360.1 million, and for BetterHelp it increased 18% to $292.4 million in Q2 2023. Revenue in the U.S. rose 8% to $561.8 million, while...
People sitting in a circle, looking at each other and smiling
By  Jessica Hagen 01:41 pm May 15, 2023
Telehealth and medical transportation company DocGo saw its shares rise after reporting its first quarter financial results, showing total revenue of $113 million with a net loss of $3.9 million.  The company reported a 19% decline in mobile health revenue from $90.1 million in the first quarter of 2022 to $72.9 million in the first quarter of 2023 but a 44% increase in transportation services...
Three people in a room looking at different graphs on separate screens
By  Jessica Hagen 12:04 pm May 12, 2023
Butterfly Network, maker of a handheld, smartphone-connected ultrasound system, saw its stock price drop after reporting first-quarter revenue of $15.5 million, flat from its total revenue of $15.6 million in Q1 2022, alongside a net loss of $33.5 million.   Still, this year, the Mass.-based company's first quarter net loss was less than its reported $44.5 million loss in the first quarter of...
stethoscope on top of money
By  Laura Lovett 03:10 pm October 29, 2020
Digital pharmacy Hims & Hers has reported 91% year-over-year growth during the third quarter of this year.  This comes just weeks after the company announced a merger agreement with Oaktree Capital Management-sponsored special purpose acquisition company (SPAC) Oaktree Acquisition. The public can expect the reverse merger to close at the end of the fourth quarter of 2020.  Hims made a name...
By  Heather Mack 07:52 pm November 3, 2016
The third quarter has been a time of reckoning for Fitbit – despite increased revenue and user adoption, the release of new products and continuing interest in both employer-sponsored wellness programs and clinical trials, profits aren’t rising to meet increased operational costs all those gains require.  On a third quarter earnings call with investors, Fitbit executives said the company’s growth...