Welcome to our dedicated page for Optimizerx news (Ticker: OPRX), a resource for investors and traders seeking the latest updates and insights on Optimizerx stock.
OptimizeRx Corp (NASDAQ: OPRX) provides a dedicated news hub for tracking developments in healthcare technology and digital patient engagement solutions. This page aggregates official announcements, financial disclosures, and strategic updates from the leader in EHR-integrated pharma messaging.
Investors and industry professionals will find curated coverage of earnings reports, technology partnerships, product launches, and regulatory milestones. The resource serves as a centralized source for understanding OPRX's role in connecting pharmaceutical companies with healthcare providers through cloud-based communication platforms.
Key content categories include financial results, strategic alliances with EHR providers, technology innovations in digital health messaging, and industry recognition of platform advancements. All materials maintain factual accuracy and timeliness required for informed decision-making.
Bookmark this page for streamlined access to OptimizeRx's evolving position in medication adherence solutions and AI-driven healthcare communications. Regular updates ensure stakeholders stay informed about developments impacting the digital pharma marketing landscape.
OptimizeRx Corp. (Nasdaq: OPRX) has released a white paper highlighting significant gaps in healthcare information shared between doctors and patients. The survey, involving over 170 physicians across seven specialties, reveals that only 16% of patients are well-informed about their conditions and treatments. Misinformation often complicates care discussions, with 59% of physicians rating patient-consumed information as fair-to-poor quality. Despite these challenges, 70% of physicians believe that aligned patient and HCP information can streamline care conversations and improve outcomes. OptimizeRx has initiated its first combined HCP and DTC Dynamic Audience Activation Platform marketing program with a top 5 pharmaceutical client, aiming to bridge these gaps and enhance patient education.
OptimizeRx reported a substantial year-over-year growth for Q1 2024, with revenue increasing by 51% to $19.7 million and gross profit rising by 64% to $12.2 million, representing a 62% gross margin. Despite these gains, the company faced a GAAP net loss of $6.9 million or $0.38 per share, slightly higher than the $6.4 million loss in Q1 2023. Non-GAAP net loss also increased to $2.0 million or $0.11 per share. Adjusted EBITDA improved to a loss of $0.3 million from $2.2 million in Q1 2023. The company secured 9 additional DAAP deals and reported having $15.2 million in cash and equivalents. The firm reaffirmed its 2024 guidance, expecting at least $100 million in revenue and $11 million in adjusted EBITDA. Key performance indicators showed positive trends, with net revenue retention at 116% and revenue per full-time employee at $641,000.
OptimizeRx Corp. (OPRX) is set to participate in several investor conferences including the RBC Capital Markets Global Healthcare Conference, B.Riley Securities Institutional Investor Conference, Stifel Cross Sector Insight Conference, William Blair Annual Growth Stock Conference, and Citizens JMP Medical Devices and Healthcare Services Forum. This move aims to enhance engagement with healthcare professionals and patients, showcasing the company's commitment to innovative healthcare technology solutions.
FAQ
What is the current stock price of Optimizerx (OPRX)?
What is the market cap of Optimizerx (OPRX)?
