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Hydreight Technologies Q2 Revenue Rises
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Hydreight Technologies Q2 Revenue Rises
Oct 17, 2024 1:28 PM

08:39 AM EDT, 10/16/2024 (MT Newswires) -- Hydreight Technologies ( HYDTF ) , a mobile clinical network and medical platform company, said second-quarter GAAP revenue increased 52% to $4.10 million.

Hydreight ( HYDTF ) also booked topline record revenue of $5.59 million, up 27% from the year-ago quarter, while adjusted EBITDA stood at $218,000 compared to an adjusted EBITDA loss of $456,000.

"Our investment in our technology and infrastructure in 2023 helped us to become the mobile medicine solutions for nurses, bricks and mortar and D2C businesses," CEO Shane Madden said.

Hydreight's ( HYDTF ) share price jumped 9.7% yesterday to $0.34 on the TSXV.

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