DarioHealth Reports Second Quarter 2020 Results

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DarioHealth (DRIO) Tops Q2 EPS by 72c, Revenues Beat

August 12, 2020 7:07 AM EDT

DarioHealth (NASDAQ: DRIO) reported Q2 EPS of ($0.68), $0.72 better than the analyst estimate of ($1.40). Revenue for the quarter came in at $1.79 million versus the consensus estimate of $1.55 million.

"The COVID-19 pandemic has accelerated our ongoing transformation to a business-to-business-to-consumer (B2B2C) digital therapeutics leader," said Erez Raphael, Chief Executive Officer of Dario. "We advanced late-stage discussions with health plans and self-insured employers, who we believe recognize how our industry-leading user engagement and satisfaction metrics lead to improved health for their member and employee populations. Our pipeline continues to grow and mature, and... More