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LifeMD Reports Third Quarter 2024 Results
LFMDLifeMD(LFMD) GlobeNewswire News Room·2024-11-07 21:05

Total revenues increased 38% year-over-year to 53.4millionwithtelehealthrevenueup6553.4 million with telehealth revenue up 65%Record gross margin of 90.6%, up 300 basis points from the year-ago periodAdjusted EBITDA increased 33% to 3.7 millionTelehealth adjusted EBITDA of 2.5million,a2002.5 million, a 200% sequential increase versus the second quarterCash of 37.6 million as of September 30, 2024Generated $6.2 million of cash flow from operations in the third quarter and positive net cash flow in each of the last four quarters Conference call begins at ...