secwatch.observer — SEC 8-K summary
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Issuer:     DocGo Inc. (DCGO)
CIK:        0001822359
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001213900-23-037346
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DocGo Q1 revenue $113M, net loss $3.9M; reaffirms FY2023 guidance
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- Q1 revenue $113.0M, down 4.2% YoY; ex-COVID testing, revenue up 40.2%.
- Net loss of $3.9M vs. net income of $9.4M in Q1 2022; Adj. EBITDA $5.6M.
- Gross margin 28.1% vs 33.9% YoY; cites startup costs from new project, expects recovery.
- Backlog rose to $205M from $180M; active RFPs doubled to ~$1.5B lifetime value.
- Reiterates FY2023 revenue guidance $500-$510M and Adj. EBITDA $45-$50M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822359/000121390023037346/0001213900-23-037346-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822359/000121390023037346/ea178143-8k_docgo.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-037346

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