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The Markets
by Proactive
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The Markets
by Proactive
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Mednow provides guidance on fiscal Q3 2022 projecting quarter over quarter growth increase of 175%

Mednow provides guidance on fiscal Q3 2022 projecting quarter over quarter growth increase of 175%

Mednow CEO Karim Nassar joined Steve Darling from Proactive to share news Mednow is forecasting to have quarterly revenue of 5 - 5.5 Million which would measure a quarter-over-quarter growth of approx. 175%. Nassar telling Proactive Mednow saw patients growth of 20% to 19K patients versus the previous quarter. Mednow's second quarter gross margin was 19%, with a cash balance of 16 million. Mednow currently operates in British Columbia, Ontario, Nova Scotia and Manitoba and has launched a licensed pharmacy in Winnipeg.

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