DarioHealth Corp. Reports Net Loss of $12.8 Million in Q1 2023
Q1 2023 Revenues Reach $7.1 Million Despite Challenging Market Conditions
By USInMinutes
Published - Jul 24, 2023, 12:44 PM ET
Last Updated - Jul 24, 2023, 12:44 PM EDT
DarioHealth Corp. (DRIO), a leading digital therap eutics company, released its unaudited interim consolidated financial statements for the first quarter of 2023. The report highlights both the net loss and revenue figures, providing insights into the company's performance during the period ending March 31, 2023.
Net Income/Loss
During the first quarter of 2023, DarioHealth recorded a net loss of $12.8 million. This result reflects the company's operating expenses and financial costs, which had a significant impact on its profitability. Despite the loss, the company remains focused on its strategic initiatives to drive growth and enhance shareholder value.
Revenue
