LifeMD, Inc. Provides Consolidated Earnings Guidance for the Third Quarter 2022 and Full Year 2022
August 11, 2022 at 04:05 pm EDT
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LifeMD, Inc. provided consolidated earnings guidance for the third quarter 2022 and full year 2022. For the quarter, the company expected to report consolidated Revenue to total between $32 million and $33 million.
For the year, the company expected report consolidated Revenue to total between $122 million and $128 million.
LifeMD, Inc. is a direct-to-patient telehealth company, which provides comprehensive virtual and in-home healthcare. The Company operates through two segments: Telehealth and WorkSimpli. Telehealth segment is engaged in telehealth platform, which integrates a clinician-centric electronic medical record (EMR) system, algorithms for case-load balancing and scheduling, customer relationship management functionality, asynchronous communication, secure synchronous, cloud pharmacy and more. Its technology platform, combined with its 50-state affiliated provider network, enables the management of virtual treatment offerings across various health conditions, including, dermatology, urgent and primary care, chronic care management, dermatology, chronic care management and other. Its WorkSimpli segment offers workplace and document services. This segment offers PDFSimpli an online software as a service platform that allows users to create, edit, convert, sign and share PDF documents.