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

Total revenues increased 38% year-over-year to $53.4 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 $2.5 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 ...

LifeMD Reports Third Quarter 2024 Results - Reportify