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GoodRx (GDRX) Reports Q2 Earnings: What Key Metrics Have to Say
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GoodRx Holdings, Inc. (GDRX - Free Report) reported $200.61 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 5.8%. EPS of $0.08 for the same period compares to $0.07 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $200.68 million, representing a surprise of -0.03%. The company delivered an EPS surprise of -11.11%, with the consensus EPS estimate being $0.09.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how GoodRx performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Monthly Active Consumers
: 7 versus 7 estimated by three analysts on average.
Subscribers
: 696 versus the two-analyst average estimate of 763.
Revenue- Prescription transactions
: $146.70 million versus $146.29 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +7.5% change.
Revenue- Other
: $5.40 million compared to the $5.35 million average estimate based on five analysts. The reported number represents a change of +10.2% year over year.
Revenue- Pharma Manufacturer Solutions
: $26.50 million versus $27.48 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +9.1% change.
Revenue- Subscription
: $22 million versus the five-analyst average estimate of $21.17 million. The reported number represents a year-over-year change of -8%.
Shares of GoodRx have returned +7.8% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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GoodRx (GDRX) Reports Q2 Earnings: What Key Metrics Have to Say
GoodRx Holdings, Inc. (GDRX - Free Report) reported $200.61 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 5.8%. EPS of $0.08 for the same period compares to $0.07 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $200.68 million, representing a surprise of -0.03%. The company delivered an EPS surprise of -11.11%, with the consensus EPS estimate being $0.09.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how GoodRx performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
View all Key Company Metrics for GoodRx here>>>Monthly Active Consumers
: 7 versus 7 estimated by three analysts on average.Subscribers
: 696 versus the two-analyst average estimate of 763.Revenue- Prescription transactions
: $146.70 million versus $146.29 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +7.5% change.Revenue- Other
: $5.40 million compared to the $5.35 million average estimate based on five analysts. The reported number represents a change of +10.2% year over year.Revenue- Pharma Manufacturer Solutions
: $26.50 million versus $27.48 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +9.1% change.Revenue- Subscription
: $22 million versus the five-analyst average estimate of $21.17 million. The reported number represents a year-over-year change of -8%.Shares of GoodRx have returned +7.8% over the past month versus the Zacks S&P 500 composite's -6.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.