OptimizeRx Corp (OPRX) Q3 2024 Earnings Call Highlights: Revenue Surge and Strategic Shifts ... [Yahoo! Finance]
OptimizeRx Corporation (OPRX)
NASDAQ:AMEX Investor Relations:
optimizerx.com/investors
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Source: Yahoo! Finance
OptimizeRx Corp ( NASDAQ:OPRX ) reported a 30% year-over-year increase in revenue, reaching $21.3 million for the third quarter. The company achieved significant cost savings and operational efficiencies following the integration of acquired businesses. Strong growth was observed in the legacy HCP business, contributing positively to the company's bottom line and cash flow. The company's micro-neighborhood targeting solution is experiencing strong growth, with increased customer engagements. OptimizeRx Corp ( NASDAQ:OPRX ) has expanded its AI capabilities, enhancing its ability to integrate point-of-care and digital media solutions, which positions it well for future market share capture. Despite revenue growth, the company fell short of its expectations for the quarter due to a shortfall in the DTC side of the business. The transition from managed services to a self-service model in the DTC business has not yet offset the decline in managed services revenue. The acquis
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OPRX
News
- OptimizeRx to Participate in Upcoming Investor Conferences [Yahoo! Finance]Yahoo! Finance
- OptimizeRx to Participate in Upcoming Investor ConferencesGlobeNewswire
- OptimizeRx Co. (NASDAQ: OPRX) had its "outperform" rating re-affirmed by analysts at William Blair.MarketBeat
- OptimizeRx Co. (NASDAQ: OPRX) had its price target lowered by analysts at Royal Bank of Canada from $14.00 to $7.00. They now have an "outperform" rating on the stock.MarketBeat
- OptimizeRx Co. (NASDAQ: OPRX) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $16.00 price target on the stock, down previously from $20.00.MarketBeat
OPRX
Earnings
- 11/13/24 - Beat
OPRX
Sec Filings
- 11/14/24 - Form 10-Q
- 11/14/24 - Form SC
- 11/14/24 - Form SC
- OPRX's page on the SEC website