Optimizerx Corporation (OPRX) Tops Q4 EPS by 1c; Guides Q1 Revenue Lower

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OptimizeRx Reports Fourth Quarter and Full Year 2022 Financial Results

March 8, 2023 4:01 PM EST

Q4 revenue of $19.7 million, down 3% year-over-year and up 30% quarter-over-quarterQ4 gross profit increased 1% year-over-year to $12.5 million as gross margins increased from 61% to 63%Generated $10.7 million in cash flow from operations in 2022Repurchased 1.2 million shares during 2022 at an average price of $16.49 per shareExited 2022 with six Real-World Data Artificial Intelligence (RWD-AI) deals

ROCHESTER, Mich., March 08, 2023 (GLOBE NEWSWIRE) -- OptimizeRx... More