Syra Health Announces Full-Year Revenue of $8.0 Million, Up 45% YoY
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Syra Health Corp. reported a 45% year-over-year increase in full-year revenue, reaching $8.0 million. The company also achieved a 132% year-over-year acceleration in population health revenue for 2024 and nearly halved its net losses in Q4 2024 compared to Q4 2023. These results highlight significant efficiency gains and growth driven by new customer wins and contract extensions.
March 11, 2025 | 12:00 pm
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Syra Health Corp. reported strong financial results with a 45% increase in full-year revenue and a 132% rise in population health revenue for 2024. The company also reduced its Q4 2024 net losses by nearly half compared to Q4 2023, indicating improved efficiency and growth.
The significant year-over-year revenue growth and reduction in net losses suggest strong operational performance and efficiency improvements. This positive financial performance is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100