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Stock impact report

LifeMD Reports Fourth Quarter 2023 Results [Yahoo! Finance]

LifeMD, Inc. (LFMD) 
Company Research Source: Yahoo! Finance
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 rapidly grown to become one of the leading providers of medically supported weight loss management services nationwide. In less than Show less Read more
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