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OptimizeRx cuts FY24 revenue view to at least $100M from at least $110M
The Fly

OptimizeRx cuts FY24 revenue view to at least $100M from at least $110M

Consensus $110.67M. The company said, “During the audit of Medicx Health, it was determined that certain revenue streams for messages executed through Medicx Health’s channel partners, historically recognized on a gross basis, will now be recognized on a net basis. Consequently, the Company is updating its revenue guidance for this change and now anticipates revenue to be at least $100 million for 2024 as a result of this gross-to-net accounting treatment. Importantly, the Company’s adjusted EBITDA guidance remains unchanged, at greater than $11 million for 2024.”

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