GoodRx(GDRX)
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GoodRx CFO Karsten Voermann to Resign for Personal Reasons
PYMNTS.com· 2025-01-13 23:00
Executive Changes - GoodRx Holdings CFO Karsten Voermann resigned effective January 16, citing personal reasons [1] - The resignation was not due to any disagreement with the company on operations, policies, or practices [2] - Chief Accounting Officer Romin Nabiey will serve as interim CFO while the company searches for a permanent successor [2] - Nabiey will also continue in his current roles as Chief Accounting Officer and Principal Accounting Officer [3] Financial Performance - GoodRx reported an 8% increase in revenue in Q3, driven by a 4% rise in prescription transactions revenue and a 7% increase in monthly active consumers [3] Strategic Initiatives - The company entered the over-the-counter market in October with a new eCommerce service, partnering with contraceptive maker Opill [5] - The eCommerce service is part of a broader strategy to integrate health and wellness brands into the platform, streamlining purchasing and increasing accessibility [5] - GoodRx and partner pharmacies began offering Affirm's pay-over-time option directly to consumers in October, allowing approved consumers to select Affirm for select medications at participating retailers [5] Leadership Vision - Interim CEO Scott Wagner emphasized the company's focus on medicine affordability and access, stating that this strategic approach has enabled GoodRx to gain market share and strengthen its value proposition [4]
Prescription fills for weight loss drugs Zepbound and Wegovy more than doubled in 2024, GoodRx says
CNBC· 2024-12-05 14:00
Prescription fills for blockbuster weight loss drugs in the U.S. more than doubled in 2024, even with limited insurance coverage and high out-of-pocket costs for the treatments, according to data released Thursday by drug savings company GoodRx. The figures offer more evidence of the insatiable demand for a buzzy class of medications called GLP-1 and GIP agonists, which mimic gut hormones to suppress appetite and regulate blood sugar. That includes Novo Nordisk's weight loss drug Wegovy and Eli Lilly's obes ...
GoodRx(GDRX) - 2024 Q3 - Earnings Call Transcript
2024-11-07 19:14
GoodRx Holdings, Inc. (NASDAQ:GDRX) Q3 2024 Earnings Conference Call November 7, 2024 8:00 AM ET Company Participants Aubrey Reynolds – Director of Investor Relations Scott Wagner – Interim Chief Executive Officer Karsten Voermann – Chief Financial Officer Conference Call Participants Stephanie Davis – Barclays Charles Rhyee – TD Cowen Lisa Gill – J.P. Morgan Scott Schoenhaus – KeyBanc Stan Berenshteyn – Wells Fargo Securities Sean Dodge – RBC Capital Markets Jailendra Singh – Truist Securities Allen Lutz – ...
GoodRx(GDRX) - 2024 Q3 - Quarterly Report
2024-11-07 19:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ________________________________ FORM 10-Q ________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______. | --- | --- | |--------------------------------------- ...
GoodRx (GDRX) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2024-11-07 15:35
For the quarter ended September 2024, GoodRx Holdings, Inc. (GDRX) reported revenue of $195.25 million, up 8.5% over the same period last year. EPS came in at $0.08, compared to $0.06 in the year-ago quarter.The reported revenue represents a surprise of -0.05% over the Zacks Consensus Estimate of $195.35 million. With the consensus EPS estimate being $0.09, the EPS surprise was -11.11%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to ...
GoodRx Holdings, Inc. (GDRX) Misses Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-07 13:26
GoodRx Holdings, Inc. (GDRX) came out with quarterly earnings of $0.08 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to earnings of $0.06 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -11.11%. A quarter ago, it was expected that this company would post earnings of $0.09 per share when it actually produced earnings of $0.08, delivering a surprise of -11.11%.Over the last four quarters, the ...
GoodRx(GDRX) - 2024 Q3 - Quarterly Results
2024-11-07 11:01
Exhibit 99.1 GOODRX REPORTS THIRD QUARTER 2024 RESULTS SANTA MONICA, Calif. -- ( November 7, 2024 ) -- GoodRx Holdings, Inc. (Nasdaq: GDRX) ("we," "us," "our," "GoodRx," or the "Company"), the leading prescription savings platform in the U.S., has released its financial results for the third quarter of 2024. Third Quarter 2024 Highlights • Revenue1 and Adjusted Revenue1 of $195.3 million • Net income of $4.0 million; Net income margin of 2.0% • Adjusted Net Income1 of $31.9 million; Adjusted Net Income Marg ...
GoodRx (GDRX) Q3 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2024-11-06 15:20
The upcoming report from GoodRx Holdings, Inc. (GDRX) is expected to reveal quarterly earnings of $0.09 per share, indicating an increase of 50% compared to the year-ago period. Analysts forecast revenues of $195.35 million, representing an increase of 8.6% year over year.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Prior to a company's ear ...
Kuehn Law Encourages Investors of GoodRx Holdings, Inc. to Contact Law Firm
GlobeNewswire News Room· 2024-10-31 19:17
NEW YORK, Oct. 31, 2024 (GLOBE NEWSWIRE) -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating whether certain officers and directors of GoodRx Holdings, Inc. (NASDAQ: GDRX) breached their fiduciary duties to shareholders. According to a federal securities lawsuit, GoodRx insiders caused the company to misrepresent or fail to disclose that (1) while Kroger accounted for less than 5% of the pharmacies accepting GoodRx discounts, Kroger was responsible for nearly 25% of GoodRx's total prescr ...
GoodRx Holdings: Failing To Gain Much Traction
Seeking Alpha· 2024-10-08 18:46
Author's note: I present and update my best small-cap Busted IPO stock ideas only to subscribers of my exclusive marketplace, The Busted IPO Forum . Try a free 2-week trial today by clicking on our logo below! It has been nearly two years since our initial look at GoodRx Holdings, Inc. (NASDAQ: GDRX ). We concluded that initial article on this 'Busted IPO' by saying the company was going through a lot of changes, the shares were worthy only The Busted IPO Forum is an investing group led by Bret Jensen, Chie ...