DarioHealth Reports First Quarter 2020 Results

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DarioHealth (DRIO) Misses Q1 EPS by 82c, Revenues Miss

May 12, 2020 7:08 AM EDT

DarioHealth (NASDAQ: DRIO) reported Q1 EPS of ($1.57), $0.82 worse than the analyst estimate of ($0.75). Revenue for the quarter came in at $1.67 million versus the consensus estimate of $1.75 million.

"In the first quarter of 2020, Dario executed in line with its multi-year strategic operating plan of creating a best in class digital health solution with a strong economic profile, including recurring revenues and high margins. With additional clinical data, an expansion of our platform and... More