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Update: Hydreight Technologies Jumps 11% as Q2 Revenue Rises
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Update: Hydreight Technologies Jumps 11% as Q2 Revenue Rises
Oct 17, 2024 1:41 PM

11:55 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 ) reported its adjusted EBITDA stood at $218,000 compared to an adjusted EBITDA loss of $456,000 in the year-prior quarter. It did not disclose profit or loss data.

"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," chief executive Shane Madden said.

Hydreight's ( HYDTF ) shares were last seen up $0.05 to $0.39 on the TSX Venture Exchange.

Price: 0.39, Change: +0.05, Percent Change: +14.71

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