MedAvail Holdings, Inc (MDVL) Tops Q2 EPS by 10c

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MedAvail Reports Second Quarter 2022 Financial Results

August 11, 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 June 30, 2022.

We continued to execute on our strategic initiatives in the second quarter and are pleased to be introducing our full year revenue guidance. Our strong financial results are a testament to our focus on expanding our retail pharmacy and technology footprint, increasing utilization, and reducing costs across the enterprise, said Mark Doerr, Chief Executive Officer of MedAvail. We are delighted by the interest in our differentiated retail pharmacy and... More