earnings
confidence high
sentiment positive
materiality 0.75
GoodRx pre-announces Q4 revenue above guidance; expects mid-single-digit growth in 2024
GoodRx Holdings, Inc.
2023-FY EPS reported
-$0.02
revenue$750,265,000
- Q4 2023 revenue and adjusted revenue expected $195-197M, up ~6-7% YoY and above prior guidance.
- FY 2023 revenue expected $749-751M (-~2% YoY); adjusted revenue $759-761M (-~1% YoY).
- Q4 outperformance driven by organic growth in Prescription Transactions, stronger respiratory season and favorable contracts.
- Early 2024 outlook: Q1 and FY revenue and adjusted revenue to grow mid-single digits YoY; adjusted EBITDA margin in high-twenty% range.
- Full Q4 and 2024 guidance to be provided on February earnings call.