Welcome to our dedicated page for Hydreight Technologies news (Ticker: $HYDTF), a resource for investors and traders seeking the latest updates and insights on Hydreight Technologies stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hydreight Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hydreight Technologies's position in the market.
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Hydreight Technologies Inc. (TSXV:NURS)(OTCQB:HYDTF)(FSE:S06) is revolutionizing mobile medicine with an integrated approach, providing a platform that connects healthcare professionals and their patients with pharmacies in the United States. The company is excited to announce access to Semaglutide through the Hydreight platform, a significant step in shifting from preventative medicine to essential healthcare. By 2030, the global market for anti-obesity medications is projected to grow to $100 billion, with over half of the global population being overweight or obese by 2035.
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Hydreight Technologies Inc. (Hydreight) (TSXV:NURS)(OTCQB:HYDTF)(FSE:S06) expands its white label solution by adding a new national wellness med spa franchise, providing an integrated, turnkey platform for brick-and-mortar locations to offer in-person medical services. The company has secured two national med spa partners with almost 100 locations across the United States, charging licensing and percentage fees for access to its network and pharmacy. The new partner is a growing wellness med spa with multiple locations across the US, utilizing Hydreight's technology to provide IV drip therapy, aesthetics, NAD+, GLP-1s (semaglutide), peptides, and other treatments.
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Hydreight Technologies Inc. (NURS) reported record Q3 2023 topline revenue of $3.97 million, an increase of 172% compared to Q3 2022. YTD topline revenue was $12.06 million. The Company onboarded 318 nurses in Q3 2023, totaling 595 YTD. Hydreight expanded to 650 cities across 50 states in the US and was named one of Canada’s Companies to Watch. Q3 2023 GAAP revenue was $3.09 million. The Company's strategic priorities include scaling the business, driving organic growth, adding to product and service offering, increasing white label solution sales, and strategic tuck-in acquisitions.
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Hydreight Technologies Inc. (TSXV: NURS) (OTCQB: HYDTF) (FSE: SO6) received a Companies-to-Watch award as part of the 2023 Deloitte Technology Fast 50™ program. The award recognizes emerging companies based on their revenue growth percentage, highlighting Hydreight's significant organic revenue growth of 250% YoY. The company is building the largest mobile clinical network across the United States, allowing nurses to provide at-home services in over 650 cities across 50 states.
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Hydreight Technologies launches NAD+ as part of its patient service offering on its healthcare technology platform.
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Hydreight Technologies Inc. provides corporate update with significant organic growth and strong revenue growth.
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Hydreight Technologies Inc. reports a 130% increase in total top-line non-GAAP Adjusted Revenue of C$4,416,103 for Q2 2023 compared to Q2 2022. Total revenue also increased by 225% to C$2,699,668. The company's performance for the second quarter of 2023 has seen significant growth across all revenue streams. Hydreight is positioned for growth with its telehealth platform and infrastructure. However, the company recognized a net loss of C$471,890 and C$594,194 for the three and six months ended June 30, 2023, respectively. Significant expenditures were made in professional, legal, and technical consulting fees to position the company in the healthcare industry.
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Hydreight expands its doctor network to over 100 physicians across all 50 US states, leading to increased booking requests and support for white-label clients. The platform offers individualized healthcare offerings and services like NAD and Semaglutide, which are in high demand. The expansion aligns with the company's growth initiatives.
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Hydreight Technologies Inc. is partnering with VS Digital Health Inc. to launch a new website booking system and marketplace called 'MobileMedIV.com'. The platform aims to provide customers with a streamlined approach to inquire about and book at-home healthcare services.
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Hydreight Technologies Inc.