LifeMD Reports Fourth Quarter 2023 Results
NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care, today reported financial results for the three and twelve months ended December 31, 2023.
- Conference call begins at 4:30 p.m. Eastern time today
NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) -- LifeMD, Inc. (Nasdaq: LFMD), a leading provider of virtual primary care, today reported financial results for the three and twelve months ended December 31, 2023. - “2023 was a record-setting year for LifeMD, characterized by sharp increases in revenue, telehealth subscribers and profitability.
- Telehealth revenue increased 90% versus the year-ago period and 28% sequentially versus the third quarter of 2023.
- The number of weight management subscribers exceeded 22,000 as of year-end 2023, a net gain of approximately 12,000 subscribers sequentially versus the third quarter of 2023.