LifeMD Inc. reported an adjusted loss of $0.02 per share for the quarter, compared with earnings of $0.21 per share in the year-ago period, reflecting a year-over-year decline in profitability. The company generated revenue of $64.26 million during the quarter.
LifeMD operates in the telehealth and virtual primary care sector, providing telemedicine services and digital healthcare solutions through its NASDAQ-listed platform. Shares were trading around $3.00 following the report.
This article was generated using AlphaStreet’s proprietary financial analysis technology and reviewed by our editorial team.