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Mar 31, 2021
LifeMD Q1 2021 Earnings Report
Reported a record revenue growth and raised full year revenue guidance.
Key Takeaways
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.
Q1 revenue increased by 323% to a record $18.2 million.
Full-year revenue guidance raised to $90-$100 million.
Addressed the needs of over 320,000 patients and customers across 50 states.
Reduced cash burn by approximately 30% due to more efficient acquisition spend.
Forward Guidance
LifeMD raised its full year 2021 revenue guidance to $90 million to $100 million, representing a growth of 141% to 168% versus the prior year.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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