DarioHealth Reports First Quarter 2024 Financial and Operating Results
DarioHealth Corp. (DRIO)
NASDAQ:AMEX Investor Relations:
dariohealth.com/our-story
Company Research
Source: PR Newswire
First quarter revenue of $5.8 million reflects an increase of 59% over fourth quarter of 2023 primarily resulting from an increase in B2B2C revenues and reflects a decrease of 18.5% compared to the first quarter of 2023 due to milestone driven revenues.Core revenue channel B2B2C, employers and health plans recurring revenues in the first quarter totaled $3.47 million, an increase of 176% year over year and 210% sequentially from $1.12 million in the fourth quarter 2023 as the core business continues to gain traction, as well as the addition of Twill Inc. revenues post February 15th closingLaunched the Aetna platform generating revenue in Q1 2024 as Aetna continues to add employers to the platformAccelerated path to profitability through growing revenues in the B2B2C channel which represents proforma of $22M in annual recurring revenue ("ARR")Executing on Dario-Twill synergies that we expect to reduce operating expenses by 30% by the fourth quarter of 2024Company anticipates reaching a
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DRIO
News
- Empowering Commercial Expansion: DarioHealth Announces Strategic Reorganization and Appoints Inaugural Chief Commercial Officer [Yahoo! Finance]Yahoo! Finance
- Empowering Commercial Expansion: DarioHealth Announces Strategic Reorganization and Appoints Inaugural Chief Commercial OfficerPR Newswire
- DarioHealth Reports First Quarter 2024 Financial and Operating Results [Yahoo! Finance]Yahoo! Finance
- DarioHealth to Report First Quarter 2024 Results on Wednesday, May 15thPR Newswire
- DTx in the U.S. Medical Sector: A 2024 Brief Featuring the Market's Leading and Most Disruptive Companies [Yahoo! Finance]Yahoo! Finance
DRIO
Earnings
- 5/15/24 - Beat
DRIO
Sec Filings
- 6/7/24 - Form 3
- 6/7/24 - Form 4
- 6/5/24 - Form 8-K
- DRIO's page on the SEC website