Goodrx Holdings IncRevenue declined 4.4% year on year, the slowest among peers, indicating weak demand.
GoodRx reported first-quarter revenues of $194 million, down 4.4% year on year, exceeding analysts' expectations by 4.9%. The company also provided full-year revenue guidance that slightly topped estimates. Among the seven healthcare technology stocks tracked, GoodRx posted the slowest revenue growth, while the group overall beat consensus revenue estimates by 1.6% and issued in-line next-quarter guidance. Omnicell delivered the best performance with revenues of $309.9 million, up 14.9% year on year, and Hims & Hers Health was the weakest, with revenues of $608.1 million missing estimates by 1.4%. Astrana Health achieved the fastest revenue growth at 55.6% year on year, and Tandem Diabetes raised its full-year guidance the most among peers.
Goodrx Holdings IncRevenue declined 4.4% year on year, the slowest among peers, indicating weak demand.
Hims Hers Health IncRevenue missed estimates by 1.4%, indicating weaker-than-expected demand.
Omnicell IncRevenue grew 14.9% year on year, the best performance among peers, indicating strong demand.
Tandem Diabetes Care IncRaised full-year guidance the most among peers, a positive financial outlook.
Astrana Health IncAstrana Health achieved the fastest revenue growth at 55.6% year on year, indicating strong demand.