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DarioHealth Corp (DRIO) Q3 2024 Earnings Call Highlights: Record Revenue Growth and Strategic ... [Yahoo! Finance]

DarioHealth Corp. (DRIO) 
NASDAQ:AMEX Investor Relations: dariohealth.com/our-story
Company Research Source: Yahoo! Finance
Gross Margin: B2B2C business gross margins rose to 83%; overall business gross margins reached 70% on a non-GAAP basis. Operating Expenses: Non-GAAP operating expenses reduced to $12.3 million, a 15.9% sequential decline from Q2 2024. Client Wins: 10 new client wins in Q3, with an expectation of 17 to 20 new clients for the second half of the year. Projected Client Growth: Estimated total of 25 new client signings in 2024, representing approximately 35% growth in the client base. Cash Flow Projection: On track to reach cash flow break-even run rate by the end of 2025. Warning! GuruFocus has detected 5 Warning Signs with DRIO. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript DarioHealth Corp ( NASDAQ:DRIO ) reported a significant revenue increase of 111% year-over-year, reaching $7.42 million in Q3 2024. The company achieved a gross margin of 83% in its B2B2C business, reflecting stron Show less Read more
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