Categories AlphaGraphs, Earnings, LATEST, Technology
Trxade Health (MEDS) reports 6% growth in Q1 revenue; loss widens
Pharmaceutical services company Trxade Health Inc (NASDAQ: MEDS) Monday reported a wider net loss for the first quarter of 2022 despite a 6% increase in revenues. The top-line also beat analysts’ estimates.
First-quarter revenues increased 6% year-over-year to $3.2 million and came in above analysts’ estimates. The company added 339 registered members during the three-month period.
Trxade reported a net loss of $1 million or $0.12 per share for the first quarter, compared to a loss of $0.7 million or $0.08 per share in the year-ago quarter. The bottom line missed analysts’ estimates.
Check this space to read management/analysts’ comments on Trxade’s Q1 2022 results
Shares of Trxade closed Monday’s trading lower. The stock has lost about 41% so far this year.
Prior Performance
Most Popular
Dropbox Q4 adj. earnings surge; revenue rises modestly
Dropbox, Inc. (NASDAQ: DBX) has reported a sharp increase in adjusted earnings for the fourth quarter of 2024. Revenues increased modestly. The tech firm, a leading cloud-based document management platform,
Autodesk set to report Q4 earnings on Feb. 27. Here’s what to expect
Autodesk, Inc. (NASDAQ: ADSK) has reported higher quarterly revenue and earnings so far in FY25, leveraging the ongoing digitalization across industries, and is expected to maintain that trend when it
ADI Q1 Call Highlights: China’s Growth, AI Opportunities & Bullish Outlook!
Analog Devices Inc, a global leader in the design and manufacturing of analog, mixed signal, and DSP integrated circuits, in its Q1 earnings call discussed strong performance in China's automotive