MedAvail Holdings, Inc (MDVL) Misses Q1 EPS by 1c, Revenues Beat; Offers FY21 Revenues Mid-Point Guidance Below Consensus

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Go back to MedAvail Holdings, Inc (MDVL) Misses Q1 EPS by 1c, Revenues Beat; Offers FY21 Revenues Mid-Point Guidance Below Consensus

MedAvail Reports First Quarter 2021 Financial Results

May 12, 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 ended March 31, 2021.

Our first quarter results illustrate a strong start to the year, as our revenue grew over 30% on a sequential basis, said Ed Kilroy, Chief Executive Officer of MedAvail. We continue to make substantial progress on expanding into new geographies and fostering our enterprise customer relationships. Moreover, we are very excited to be entering the Florida region in the second half of 2021, with our first central pharmacy in... More