OptimizeRx Reports 11% Increase in Q1 Revenue to $21.9 Million with Adjusted EBITDA Rising to $1.5 Million

Reuters
2025/05/13
OptimizeRx Reports 11% Increase in Q1 Revenue to $21.9 Million with Adjusted EBITDA Rising to $1.5 Million

OptimizeRx Corporation has reported its financial results for the first quarter of 2025, revealing a notable performance. The company's revenue in Q1 2025 increased by 11% year-over-year, reaching $21.9 million, compared to $19.7 million in the same period of the previous year. Gross profit for the quarter also saw an increase of 9% year-over-year, amounting to $13.3 million. The company reported an improvement in adjusted EBITDA, which rose to $1.5 million in the first quarter of 2025, compared to a loss of $0.3 million in the same quarter of the prior year. OptimizeRx's cash, cash equivalents, and short-term investments totaled $16.6 million as of March 31, 2025, up from $13.4 million as of December 31, 2024. In light of these results, OptimizeRx has updated its full-year 2025 guidance, now forecasting revenue to be in the range of $101 million to $106 million, with adjusted EBITDA expected to fall between $13 million and $15 million. Stephen L. Silvestro, CEO of OptimizeRx, expressed optimism about the company's performance, citing a more than 20% increase in year-to-date contracted revenue compared to the same period last year, which positions the company well for a strong second half of the year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. OptimizeRx Corporation published the original content used to generate this news brief on May 12, 2025, and is solely responsible for the information contained therein.

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