MedAvail Holdings, Inc (MDVL) Reports Q1 Net Loss of $13.02M

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MedAvail Reports First Quarter 2022 Financial Results

May 12, 2022 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, 2022.

I am proud of our teams strong start to the year. We delivered robust sales growth in the first quarter and achieved a milestone in our Pharmacy Technology business with the completion of our integration with Epic, said Mark Doerr, Chief Executive Officer of MedAvail. There is clear momentum and demand for our differentiated pharmacy technology solutions, and we are deliberately investing in our teams and... More