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HomeMarketMEDS Earnings: Highlights of Trxade Well being’s Q1 2024 monetary outcomes |...

MEDS Earnings: Highlights of Trxade Well being’s Q1 2024 monetary outcomes | AlphaStreet


Trxade Well being, Inc. (NASDAQ: MEDS), a number one well being service IT firm, reported monetary outcomes for the primary quarter of 2024. The corporate reported a internet earnings for Q1, in comparison with a loss final yr.

Trxade reported a internet earnings of $21.25 million for the three months ended March 31, 2024, in comparison with a lack of $0.68 million within the corresponding interval of the prior fiscal yr. On a per-share foundation, it was a lack of $6.40 within the first quarter, in comparison with a lack of $1.69 per share within the prior-year quarter.

Web earnings from discontinued operations, associated to divestitures, was $27.88 million. The corporate didn’t generate any revenues throughout the quarter.

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