secwatch.observer — SEC 8-K summary
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Issuer:     DocGo Inc. (DCGO)
CIK:        0001822359
Form:       8-K
Filed at:   2023-08-07T23:59:59+00:00
Accession:  0001213900-23-064067
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DocGo Q2 revenue $125.5M, raises FY2023 revenue guidance to $540-550M
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- Total revenue $125.5M, up 15% sequentially; net income $1.3M vs net loss $3.9M in Q1.
- Excluding mass COVID-testing (under $1M), core revenue grew 53% YoY.
- FY2023 revenue guidance raised to $540-550M, Adjusted EBITDA guidance to $48-53M.
- Backlog increased to $325M from $205M as of May 8, driven by Mobile Health wins.
- Cash $123.8M, no material debt, $90M undrawn credit line.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822359/000121390023064067/0001213900-23-064067-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822359/000121390023064067/ea182961-8k_docgo.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-064067

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer