DarioHealth Reports Fourth Quarter and Year End 2019 Results
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DarioHealth (DRIO) Reports Q4 Revenues Miss
March 17, 2020 6:36 AM EDTDarioHealth (NASDAQ: DRIO) reported Q4 revenue for the quarter came in at $1.71 million versus the consensus estimate of $2.05 million.
Fourth Quarter 2019 Results Summary
Revenues for the fourth quarter ended December 31, 2019 were $1.8 million, a 3.7% sequential decrease from third quarter ended September 30, 2019, and a 5.8% increase from the $1.7 million in the fourth quarter ended December 31, 2018.Revenues generated during the fourth quarter and year ended December 31, 2019 were derived mainly from the sales of DarioHealth\'s components and from the offering of our membership plans to our customers in the U.S.Gross profit in the... More