earnings
confidence high
sentiment positive
materiality 0.80
GoodRx Q3 2022 revenue of $187.3M beats guidance; adjusted EBITDA margin 27.8%
GoodRx Holdings, Inc.
2022-Q3 EPS reported
-$0.07
revenue$582,445,000
- Total revenue $187.3M exceeded previously announced guidance; net loss $41.7M (22.3% margin) with $29M stock-based comp.
- Adjusted Net Income $29.9M (16.0% margin); Adjusted EBITDA $52.0M (27.8% margin) also beat guidance.
- Subscription and pharma manufacturer solutions grew double-digits; over 865k prescribers active in last 16 months.
- Net cash from operations $33.7M; exit quarter with over 7M consumers of prescription-related offerings.
- Management cited grocer issue impact but noted resilient retail/PBM partnerships and focus on profitability.