Optimizerx Stock Soars 23.8% on Strong Q1 Earnings

Generated by AI AgentAinvest Movers Radar
Tuesday, May 13, 2025 5:57 am ET1min read

Optimizerx's stock surged 23.8% in pre-market trading on May 13, 2025, driven by strong financial performance and positive guidance updates.

Optimizerx reported its first-quarter 2025 financial results, showcasing a revenue of $21.9 million, which exceeded forecasts of $19.1 million. The company's revenue increased 11% year-over-year, highlighting its robust financial performance. Despite a slight EPS miss, the company's earnings and revenue surprises were significant, with earnings surprises of 172.73% and revenue surprises of 15.86%.

In response to the strong Q1 performance,

raised its 2025 revenue guidance to between $101 million and $106 million, up from previous expectations. This increase in guidance reflects the company's confidence in its ability to maintain strong revenue growth throughout the year. The company's operating cash flow for the first quarter was $3.9 million, with over 80% of contracted revenue on the backlog for the full year. Additionally, the company's cash, cash equivalents, and short-term investments totaled $16.6 million as of March 31, 2025, compared to $13.4 million as of December 31, 2024.

Stephen Silvestro, CEO of Optimizerx, commented on the company's performance, stating that the momentum seen at the end of 2024 has carried into 2025, with year-to-date contracted revenue up more than 20% compared to the same period last year. He attributed this performance to the company's focus on operational excellence, commitment to delighting customers, and efforts to deepen relationships with valued business partners. The company has also converted over 5% of its expected 2025 sales into subscription-based revenue streams, positioning it on a strong path toward achieving Rule of 40 performance in the coming years.

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