Skip to content
Breaking News

Breaking News

  • Home
  • World
  • Business
  • Health
  • Entertainment
  • Life Style
  • Sports
  • Toggle search form

Omada Health beats on revenue in first earnings report since IPO

Posted on August 7, 2025 By Admin No Comments on Omada Health beats on revenue in first earnings report since IPO


The Omada Health logo is displayed on a smartphone screen.

Sopa Images | Lightrocket | Getty Images

Omada Health reported quarterly results for the first time since its initial public offering in June.

Here’s how the company did based on average analysts’ estimates compiled by LSEG:

  • Loss per share: 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 loss of 24 cents per share, compared to a net loss of $10.69 million, or a loss of $1.40 per share, during the same period last year.

“It’s a strategically consistent quarter for Omada, happening at an accelerated pace, which is nice,” Omada CEO Sean Duffy said in an interview with CNBC. “At the highest levels, there’s just a huge spotlight on metabolic care right now.”

For its full year, Omada expects to report revenue between $235 million and $241 million, while analysts were expecting $222 million. The company said it expects to report an adjusted earnings before interest, taxes, depreciation and amortization, or EBITDA, loss of $9 million to $5 million for the full year, while analysts polled by FactSet expected a wider loss of $20.2 million.

Omada, founded in 2011, offers virtual care programs to support patients with chronic conditions such as prediabetes, diabetes and hypertension. The company describes its approach as a “between-visit care model” that is complementary to the broader health-care ecosystem.

The stock opened at $23 in its debut on the Nasdaq in June. At market close on Thursday, shares closed at $19.46.

Omada said it finished its second quarter with 752,000 total members, up 52% year over year.

“The start gun of our next chapter just clicked, and we’re running hard,” Duffy said. “It’s been pretty fun.”

Don’t miss these insights from CNBC PRO

CORRECTION: This article was updated to state that Omada Health was founded in 2011. A previous version incorrectly stated the year.



Source link

Health Tags:Breaking News: Business, Breaking News: Technology, business news, Earnings, Health care industry, Internet, Media, Omada Health Inc, technology

Post navigation

Previous Post: Nepra reduces electricity price by Rs1.89 per unit – SUCH TV
Next Post: Rizwan optimistic about carrying T20I momentum into West Indies ODI series – SUCH TV

More Related Articles

Harrods: GMC refused to investigate doctors after concerns raised Health
Routine Immunisation Can Help In Early Detection Of Autism: Expert Explains How Health
Doctors question union over puberty blocker statement Health
Costco, Trader Joe’s and Walmart products made with cheese linked to deadly listeria outbreak Health
Addenbrooke’s surgeon in Cambridge suspended after children hurt Health
‘I’m struggling to discipline my toddler in public settings. Please help!’ Health

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • Trump praises Japan’s ‘great’ female leader in talks on trade, critical minerals
  • North Sea oil and gas firm Petrofac files for administration
  • This man ate 24 eggs everyday for 30 days – his blood reports came as a shock!
  • Babar Azam’s batting position for South Africa T20Is confirmed
  • Sydney Sweeney’s relationship with controversial Scooter Braun raises eyebrows

Categories

  • Business
  • Entertainment
  • Health
  • Life Style
  • Sports
  • World

Copyright © 2025 Breaking News.

Powered by PressBook Blog WordPress theme