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NEW YORK - LifeMD , Inc. (NASDAQ:LFMD) shares surged 16% after the virtual primary care provider reported fourth-quarter earnings that exceeded analyst expectations and provided robust guidance for 2025.
The company reported adjusted earnings per share of $0.21, beating the analyst estimate of -$0.05 by $0.26. Revenue for the quarter came in at $64.3 million, up 43% YoY and surpassing the consensus estimate of $57.66 million.
LifeMD’s telehealth revenue grew 60% YoY to $49.9 million, while its telehealth active subscribers increased 27% to approximately 275,000. The company’s adjusted EBITDA rose 78% to $9.0 million.
For the first quarter of 2025, LifeMD expects total revenue between $61 million and $63 million, above the consensus of $60 million. For the full year 2025, the company forecasts revenue of $265 million to $275 million, surpassing analyst expectations of $258 million.
"LifeMD had a great fourth quarter. We not only achieved record quarterly revenue and adjusted EBITDA but continued to accelerate growth across our core telehealth brands," said Justin Schreiber, Chairman and CEO of LifeMD.
The company highlighted the growth of its weight management program and plans to launch a Medicare offering on April 1, which could be a significant growth driver. LifeMD ended 2024 with over $35 million in cash and generated positive full-year net cash flow.
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