May 8, 2020
This quarter Dexcom raked in $405 million in revenue, compared to $280.5 million in 2019’s Q1. This represents a 44% increase year over year (YoY), and beats the company's revenue goal by $46.7 million. Dexcom attributes its success to its growing user rate.
The gross profits from Q1 were $258.7 million. However, operating expenses have increased, coming in at $215.4 million in 2020 Q1, versus $...
April 30, 2020
When Teladoc Health wrapped up its last earnings call in February, the virtual-care company gave its revenue projections a modest bump and said that it was keeping an eye on COVID-19 cases in the event that it would need to scale the capacity of its telehealth network.
Three months later, and Teladoc CEO Jason Gorevic is sharing news of the company's "remarkable growth" across revenue, visit...
April 3, 2020
Coronavirus may have thrust the markets into a tailspin, but the impact of that economic uncertainty doesn't seem to have hit the digital health startup quite yet.
During the first quarter of this year, MobiHealthNews tracked 82 funding deals totaling $2.9 billion — a staggering jump over the 49 deals and $1.4 billion collective raise of Q1 2019. It also had a small handful of late-stage, big-...