MedAvail Holdings, Inc (MDVL) Reports Q4 Loss of $0.71, Revenues Beat

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MedAvail Reports Fourth Quarter and Full Year 2020 Financial Results

March 30, 2021 4:05 PM EDT

MISSISSAUGA, Ontario & PHOENIX--(BUSINESS WIRE)-- MedAvail Holdings, Inc. (Nasdaq: MDVL) (MedAvail) a technology-enabled pharmacy company, today reported financial results for the three months and full year ended December 31, 2020.

MedAvail drives best-in-class medication adherence by embedding its pharmacy services directly into Medicare-focused clinics using its proprietary MedCenter solution across a growing network of locations throughout the US.

We finished 2020 with strong fourth quarter results as we expanded in California, entered the Michigan market, and deployed 14 MedCenters. During the quarter, we also completed our reverse merger and have since begun trading on the Nasdaq,... More