LifeMD, Inc. (LFMD) Tops Q1 EPS by 24c

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LifeMD, Inc. Reports First Quarter 2023 Results; Record Revenues and Adjusted EBITDA

May 12, 2023 7:30 AM EDT

Record first quarter 2023 consolidated revenue of $33.1 million, up 14% from the same year-ago period.Record Adjusted EPS of $0.06 per share, up 126% versus the prior year.Record Adjusted EBITDA of $2.0 million, up 126% versus the prior year.Executed debt financing transaction with Avenue Capital, providing up to $40 million of total capital and strengthening LifeMDs long-term capital position.Re-affirm Full Year 2023 revenue guidance of $140 to $150 million and consolidated Adjusted EBITDA guidance of $12 to $18 million.

NEW YORK, May... More