Dariohealth reports second quarter 2022 financial and operating results
Q2 revenue of 6.2 million, a 17.5% increase from the $5.3 million of the second quarter of 2021. six-month year-to-date revenue totaled $14.2 million, a 60.8% increase over the first six months of 2021 $55 million in total commercial contract value reflecting continued strong momentum across business-to-business-to-consumer (b2b2c) channels selected by a national health plan as strategic behavioral health partner, providing reach to nearly ten million additional members sanofi and other strategic partnerships gaining traction and expected to accelerate recurring revenue streams from employers and health plans improved financial profile as company completes shift to b2b2c focus and reports $68 million of cash and equivalents on the balance sheet as of june 30 company to host conference call and webcast 8:30 am et today new york , aug. 15, 2022 /prnewswire/ -- dariohealth corp. (nasdaq: drio) ("dario" or the "company"), a leader in the global digital therapeutics (dtx) market, today reported financial results for the second quarter 2022 and provided a corporate and commercial update.
DRIO Ratings Summary
DRIO Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission