OptimizeRx Reports Third Quarter 2024 Financial Results
| OPRX Stock | USD 4.99 0.06 1.22% |
Slightly above 52% of OPTIMIZERx Corp's investor base is interested to short. The analysis of the overall investor sentiment regarding OPTIMIZERx Corp suggests that many traders are impartial. OPTIMIZERx Corp's investing sentiment can be driven by a variety of factors including economic data, OPTIMIZERx Corp's earnings reports, geopolitical events, and overall market trends.
OPTIMIZERx |
- Q3 revenue of 21.3 million, increasing 30 percent year-over-year - Q3 gross profit increased 37 percent year-over-year to 13.4 million with a gross margin of 63 percent - Won 5 DAAP deals during Q3 WALTHAM, Mass., Nov. 13, 2024 -- OptimizeRx Corp. , a leading provider of healthcare technology solutions helping life sciences companies reach and engage healthcare professionals and patients, reported results for the three months ended September 30, 2024. Quarter
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OPTIMIZERx Corp Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards OPTIMIZERx Corp can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
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OPTIMIZERx Corp Fundamental Analysis
We analyze OPTIMIZERx Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of OPTIMIZERx Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of OPTIMIZERx Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Flow From Operations
Cash Flow From Operations Comparative Analysis
OPTIMIZERx Corp is currently under evaluation in cash flow from operations category among its peers. Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.
OPTIMIZERx Corp Potential Pair-trading
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Peers
OPTIMIZERx Corp Related Equities
| HQY | HealthEquity | 0.65 | ||||
| HSTM | HealthStream | 0.52 | ||||
| FORA | Forian | 1.45 | ||||
| NRC | National Research | 3.68 |
Additional Tools for OPTIMIZERx Stock Analysis
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