other material
confidence high
sentiment positive
materiality 0.75
DarioHealth reports preliminary Q2 revenue $6.0-6.15M, new health plan contract for 160K hypertension members
DarioHealth Corp.
- Preliminary Q2 2023 revenue $6.0-6.15M, driven by B2B channel growth for 10th consecutive quarter.
- Preliminary six-month revenue $13-13.15M; cash and equivalents $52.6M as of June 30, 2023.
- New agreement with large regional health plan to provide hypertension digital solution to over 160,000 members, launching July 2023.
- Strategic partnerships with MedOne (attributed to Sanofi) and Plan (attributed to Solera) expected to contribute to 2023 revenue.
- Private-labeled Aetna platform delivered on schedule; member enrollment expected in 2024.