DarioHealth Reports Third Quarter 2020 Results

Go back to DarioHealth Reports Third Quarter 2020 Results

DarioHealth (DRIO) Misses Q3 EPS by 3c, Revenues Beat

November 12, 2020 6:35 AM EST

DarioHealth (NASDAQ: DRIO) reported Q3 EPS of ($0.71), $0.03 worse than the analyst estimate of ($0.68). Revenue for the quarter came in at $2.04 million versus the consensus estimate of $1.95 million.

"During the third quarter we achieved 14.2% sequential growth in our revenues, but more importantly, we made significant strides in penetrating the multiple verticals within the Business-to-Business-to-Consumer (B2B2C) channel with our digital therapeutics solutions," stated Erez Raphael, Chief Executive Officer of Dario. "Most... More