DocGo Q2 revenue $164.9M (+31% YoY), net income $5.9M; raises cash flow guidance to $80-90M

DocGo Inc.

2024-Q2 EPS reported $0.17 revenue$357,037,245

Revenue $164.9M (up 31% YoY); net income $5.9M (up 354%); adjusted EBITDA $17.2M (up 89%).
Mobile Health revenue $116.7M (+46% YoY); Transportation $48.2M (+6%). Cash $85.8M.
Cash from ops guidance raised to $80-90M from $70-80M. Revenue & adj EBITDA guidance reiterated.
Board authorized $26M share repurchase program through year-end. Won 5 new contracts & expanded programs.

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