Omada Health beats on revenue in first earnings report since IPO
Omada Health reported quarterly results for the first time since its IPO in June. Here's how the company did based on average analysts' estimates compiled by LSEG: Loss: Loss per share of 24 cents. Loss per share of 24 cents. Revenue: $61 million vs. $55.2 million expected The virtual care company's revenue increased 49% in its second quarter from $41.21 million a year earlier. The company reported a net loss of $5.31 million, or a 24-cent loss per share, compared to a net loss of $10.69 mil