DocGo (DCGO) Misses Q1 EPS by 5c; Offers FY23 Guidance

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Go back to DocGo (DCGO) Misses Q1 EPS by 5c; Offers FY23 Guidance

DocGo Announces First Quarter 2023 Results

May 8, 2023 4:05 PM EDT

Company Reiterates 2023 Revenue Guidance of $500-$510 million and Adjusted EBITDA1 Guidance of $45-$50 million

NEW YORK--(BUSINESS WIRE)-- DocGo Inc. (Nasdaq: DCGO), a leading provider of last-mile mobile health services today announced financial and operating results for the quarter ended March 31, 2023.

Q1 2023 Financial Highlights

Total revenue, net for the first quarter of 2023 was $113.0 million, compared to $117.9 million in the first quarter of 2022, a decrease of 4.2%. Excluding mass COVID testing revenue from both periods, revenue increased 40.2% from year ago levels. First quarter 2023 revenue... More