LifeMD Earnings Reports

LifeMD reported a 323% increase in revenue to $18.2 million for Q1 2021. The company also raised its full-year revenue guidance to $90-$100 million, reflecting strong growth and recurring subscription revenue.

LifeMD reported a significant increase in revenue for Q4 2020, reaching a record $12.9 million, a 227% increase compared to the same period last year. This growth was primarily driven by a substantial increase in telemedicine product revenues. The company is forecasting revenue to range between $85 million and $95 million for the full year 2021.