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0.333137254901961 0.333137254901961 0.333137254901961 0.333137254901961 0.333137254901961 0.058921568627451 -0.0194117647058824 -0.0194117647058824
Stock impact report

MARPAI REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS [Yahoo! Finance]

MARPAI INC A (MRAI) 
Company Research Source: Yahoo! Finance
technology platform company, which operates as a national Third-Party Administrator (TPA) through its subsidiaries and is transforming the $22 billion TPA market by offering affordable, intelligent, healthcare solutions to self-funded employer health plans, announced financial results for the second quarter of 2024. The Company expects to hold a webcast to discuss the results on August 8, 2024 Q2 2024 Financial Highlights: Net revenues were approximately $7.2 million for the three months ended June 30, 2024 , down $2.9 million , or 28% lower year over year, compared to the three months ended June 30, 2023 Operating expenses were $14.3 million for the three months ended June 30, 2024 (including a charge for the impairment of goodwill and intangibles of $7.6 million ), higher by $3.4 million , or 32% higher year over year compared to the three months ended June 30, 2023 Operating loss was $12.3 million for the three months ended June 30, 2024 , higher by $5.0 million , or 69% hi Show less Read more
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