LifeMD Reports Fourth Quarter 2023 Results
LifeMD, Inc. (LFMD)
Company Research
Source: GlobeNewswire
Fourth quarter revenue increased 60% year-over-year to $44.9 million with Telehealth revenues increasing 90% versus the year-ago period.Adjusted EPS of $0.15 per share compared with $0.02 in the year-ago period.Consolidated adjusted EBITDA of $5.5 million compared with $1.0 million in the year-ago period.Weight Management subscribers exceeded 22,000 as of year-end 2023, ahead of previous guidance.Telehealth subscribers grew 27% year-over-year to a record 215,000 patients at year-end 2023. Conference call begins at 4:30 p.m. Eastern time today NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care, today reported financial results for the three and twelve months ended December 31, 2023. Management Commentary “2023 was a record-setting year for LifeMD, characterized by sharp increases in revenue, telehealth subscribers and profitability. During the year, we launched our GLP-1 weight management program which has rapid
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LFMD
News
- Institutions own 31% of LifeMD, Inc. (NASDAQ:LFMD) shares but individual investors control 47% of the company [Yahoo! Finance]Yahoo! Finance
- LifeMD Becomes the First Virtual Primary Care Provider to Elevate GLP-1 Patient Care with Real-time, At-Home Monitoring of Blood Pressure and Body Composition [Yahoo! Finance]Yahoo! Finance
- LifeMD Becomes the First Virtual Primary Care Provider to Elevate GLP-1 Patient Care with Real-time, At-Home Monitoring of Blood Pressure and Body CompositionGlobeNewswire
- Medifast Announces First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- LifeMD Appoints Dr. Calum MacRae to its Board of Directors [Yahoo! Finance]Yahoo! Finance
LFMD
Earnings
- 3/11/24 - Beat
LFMD
Sec Filings
- 5/2/24 - Form 8-K
- 4/29/24 - Form ARS
- 4/29/24 - Form DEFA14A
- LFMD's page on the SEC website