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Stock impact report

LifeMD Reports Third Quarter 2024 Results [Yahoo! Finance]

LifeMD, Inc. (LFMD) 
Company Research Source: Yahoo! Finance
Adjusted EBITDA increased 33% to $3.7 million Telehealth adjusted EBITDA of $2.5 million, a 200% sequential increase versus the second quarter Cash of $37.6 million as of September 30, 2024 Generated $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 4:30 p.m. Eastern time today NEW YORK, Nov. 07, 2024 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care services, today reported financial results for the three and nine months ended September 30, 2024. Management Commentary “LifeMD's core telehealth business had another very strong quarter, led by outperformance in both our Rex ® MD and virtual primary care verticals. We not only are very pleased with our tremendous growth rate, but also with the exponential increase in sequential profitability of our telehealth business,” said Justin Schreiber, Chairman and CEO of LifeMD. “As we pursu Show less Read more
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