DarioHealth (DRIO) Reports Q4 Revenues Miss

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Go back to DarioHealth (DRIO) Reports Q4 Revenues Miss

DarioHealth Reports Fourth Quarter and Year End 2019 Results

March 17, 2020 6:30 AM EDT

NEW YORK, March 17, 2020 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO), a global digital therapeutics (DTx) innovator, today reported financial results for the fourth quarter and full year ended December 31, 2019 and provided a corporate and commercial update.

Transformed the business into a software as a service (SAAS)-based membership model with recurring revenues and potential for high margin profile  Opened multiple channels within the business-to-business-to-consumer (B2B2C) marketplace laying the foundation for potential future growth with expected lower customer acquisition costs Produced additional... More