DocGo Q3 revenue $186.6M (+79% YoY); raises FY23 revenue guidance to $615-$625M

DocGo Inc.

2023-Q3 EPS reported -$0.01 revenue$425,042,373

Revenue $186.6M (+79% YoY, +49% QoQ); net income $4.6M (+84% YoY).
Adjusted EBITDA $16.7M (+99% YoY); margin 9.0% (vs 8.1% a year ago).
FY23 revenue guidance raised to $615-$625M (from $540-$550M); Adj. EBITDA to $50-$55M.
Backlog grew to $430M total contract value, up from $325M as of August 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

DocGo Inc. reported the quarter ended September 30, 2023 results: revenue $186.6 million, net income $4.6 million. Guidance raised.

Period: the quarter ended September 30, 2023
Revenue: $186.6 million
Net income: $4.6 million
Guidance: raised
Result: reported results

Exact text from the filing

today announced financial and operating results for the quarter ended September 30, 2023. Q3 2023 Financial Highlights • Total revenue for the third quarter of 2023 was $186.6 million, up 49% from $125.5 million in the second quarter of 2023 and up 79% from $104.3 million in the third quarter of 2022. The revenue increase was driven by gains in nearly all

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Source: SEC EDGAR

accession 0001822359-23-000031

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