MDxHealth Reports Preliminary Q3 Revenues Of $19.3M, Representing An Increase Of 73% Y/Y And 15% Sequentially; Est. $17.11M
Portfolio Pulse from Benzinga Newsdesk
MDxHealth has reported preliminary Q3 revenues of $19.3M, which represents a 73% increase year-over-year and a 15% increase sequentially. The estimated revenue was $17.11M.
October 09, 2023 | 8:04 pm
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MDxHealth's Q3 revenues have significantly exceeded estimates, with a 73% Y/Y increase and a 15% sequential increase.
MDxHealth's Q3 revenues have significantly exceeded the estimated $17.11M, reaching $19.3M. This represents a 73% increase year-over-year and a 15% increase sequentially. This positive financial performance is likely to boost investor confidence and could lead to a short-term increase in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100