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Stock impact report

MARPAI REPORTS FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS [Yahoo! Finance]

Marpai, Inc. (MRAI) 
Company Research Source: Yahoo! Finance
TAMPA, Fla. March 26, 2024 /PRNewswire/ -- Marpai, Inc. ("Marpai" or the "Company") (Nasdaq: MRAI), an independent national Third-Party Administration (TPA) company transforming the $22 billion TPA market supporting self-funded employer health plans with affordable, intelligent healthcare, today announced financial results for the fourth quarter and fiscal year 2023. The Company expects to hold a webcast to discuss the results on March 27, 2024 Q4 2023 Financial Highlights: Net revenues were $8.7 million for the three months ended December 31, 2023 , an improvement of $1.1 million , or 14% higher year over year, for the three months ended December 31, 2022 Gross profit was $3.0 million for the three months ended December 31, 2023 , an improvement of $0.2 million , or 6.5% higher year over year for the three months ended December 31, 2022 Operating expenses were $8.2 million for the three months ended December 31, 2022 , an improvement of $3.6 million , or 30.6% lower year ove Show less Read more
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