DarioHealth Corp. (DRIO)

NASDAQ: DRIO · IEX Real-Time Price · USD
1.850
+0.120 (6.94%)
At close: May 15, 2024, 4:00 PM
1.870
+0.020 (1.08%)
After-hours: May 15, 2024, 5:01 PM EDT
6.94%
Market Cap 54.88M
Revenue (ttm) 19.04M
Net Income (ttm) -59.90M
Shares Out 29.67M
EPS (ttm) -1.68
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 425,830
Open 1.640
Previous Close 1.730
Day's Range 1.560 - 1.870
52-Week Range 0.680 - 4.580
Beta 1.65
Analysts Strong Buy
Price Target 4.05 (+118.92%)
Earnings Date May 15, 2024

About DRIO

DarioHealth Corp. operates as a digital health company in the United States, Canada, the European Union, Australia, and New Zealand. Its digital therapeutics platform and suite of solutions deliver personalized and dynamic interventions driven by data analytics and one-on-one coaching for diabetes, hypertension, weight management, musculoskeletal pain, and behavioral health. The company offers Dario Evolve, a metabolic solution to address metabolic health needs, such as diabetes, pre-diabetes, hypertension, and weight management; Dario Move, wh... [Read more]

Sector Healthcare
Founded 2011
Employees 276
Stock Exchange NASDAQ
Ticker Symbol DRIO
Full Company Profile

Financial Performance

In 2023, DarioHealth's revenue was $20.35 million, a decrease of -26.41% compared to the previous year's $27.66 million. Losses were -$63.51 million, -0.51% less than in 2022.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for DRIO stock is "Strong Buy." The 12-month stock price forecast is $4.05, which is an increase of 118.92% from the latest price.

Price Target
$4.05
(118.92% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

DarioHealth Reports First Quarter 2024 Financial and Operating Results

First quarter revenue of $ 5.8 million reflects an increase of 59% over fourth quarter of 2023 primarily resulting from an increase in B2B2C revenues and reflects a decrease of 18.5% compared to the f...

16 hours ago - PRNewsWire

DarioHealth to Report First Quarter 2024 Results on Wednesday, May 15th

Company to host conference call and webcast at 8:30am ET NEW YORK , May 7, 2024 /PRNewswire/ --  DarioHealth Corp. (Nasdaq: DRIO), a leader in the global digital therapeutics (DTx) market, announced t...

8 days ago - PRNewsWire

Dario Publishes New Peer-Reviewed Study that Deepens the Body of Evidence that Managing Cardiometabolic Conditions in One Integrated Platform Improves Clinical Outcomes

Quasi-randomized study demonstrates the value of Dario's integrated approach to provide one solution for members to manage diabetes, pre-diabetes, blood pressure, weight and taking a GLP-1 NEW YORK , ...

20 days ago - PRNewsWire

Dario Signs Two Employers for Cardiometabolic Suite with Integrated GLP-1 Solution

Dario selected to provide integrated and proven solutions to improve employee cardiometabolic health NEW YORK , April 18, 2024 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO) ("Dario" or the "Company...

27 days ago - PRNewsWire

Dario Publishes Two New Peer-Reviewed Studies Demonstrating Impact of Digital Behavioral Health

Studies include a Randomized Controlled Trial demonstrating significant reduction in perceived stress for teens NEW YORK , April 10, 2024 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO) ("Dario" or t...

5 weeks ago - PRNewsWire

Two National Employers Select Dario's Integrated Chronic Condition Solution to Improve Employee Health

Dario selected to provide integrated approach to improve employee cardiometabolic health - including support for those taking a GLP-1 medication - musculoskeletal and behavioral health NEW YORK , Apri...

6 weeks ago - PRNewsWire

DarioHealth Reports Fourth Quarter and Full-Year 2023 Financial and Operating Results

Full-year 2023 revenue of $20.4 million reflects a decrease from 2022 revenue of $7.3 due to a managed decrease in B2C and strategic milestone revenue as the core B2B2C revenue increased. 2023 B2B2C, ...

6 weeks ago - PRNewsWire

DARIOHEALTH TO REPORT FOURTH QUARTER 2023 RESULTS ON THURSDAY, MARCH 28TH

Company to host conference call and webcast at 8:30am ET NEW YORK , March 21, 2024 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO), a leader in the global digital therapeutics (DTx) market, announced...

7 weeks ago - PRNewsWire

New Research from Dario Demonstrates Ability to Deliver Improved Health Outcomes with Integrated Solution for Members Managing Weight and Blood Glucose with or without GLP-1 Medications

Study presented at ATTD 2024 is the first of a planned series examining the impact of Dario's integrated cardiometabolic solution as a means to address weight and diabetes with or without a GLP-1 Addi...

2 months ago - PRNewsWire

DARIOHEALTH TO PARTICIPATE IN THE COWEN 43RD ANNUAL HEALTHCARE CONFERENCE

NEW YORK, Feb. 28, 2024 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO), a leader in the global digital health market, today announced that management will participate in the Cowen 44th Annual Health...

2 months ago - PRNewsWire

Today's Schedule at The MicroCap Rodeo Winter Wrap Up Conference

Six Top MicroCap CEOs To Watch Live RALEIGH, NC / ACCESSWIRE / February 21, 2024 / On the second day of our virtual conference, the CEOs of the following companies will present: 10:00 AM EST La Rosa H...

Other symbols: DTSTJNVRLRHCSPGC
3 months ago - Accesswire

Dario acquires Twill creating one of the most comprehensive digital health platform across the most prevalent chronic conditions

Expecting nearly doubling Dario's pro forma revenues in 2023 Acquisition is immediately accretive to revenue and gross margins and expected to accelerate path to profitability Concurrent with the acqu...

3 months ago - PRNewsWire

Regional Union Selects Dario's Cardiometabolic Solution for Diabetes, Hypertension, Weight Management and GLP-1 Support

Dario's integrated solution to support improved whole health gains traction in public and labor market NEW YORK , Jan. 11, 2024 /PRNewswire/ -- DarioHealth Corp. (NASDAQ: DRIO) ("Dario" or the "Compan...

4 months ago - PRNewsWire

National Employer Selects Dario Cardiometabolic and GLP-1 Solutions to Improve Employee Health

New client will use Dario's integrated approach to support long-term behavior change for employees living with diabetes, pre-diabetes, hypertension and those taking a GLP-1 medication NEW YORK , Dec. ...

5 months ago - PRNewsWire

Blue Shield of California's Award-Winning Wellvolution Now More Accessible for Spanish Speakers, Adds New Hypertension Offering

Nonprofit health plan expands services to better meet the healthcare needs of Californians by making it easier to enroll in lifestyle medicine programs at no additional cost OAKLAND, Calif. , Nov. 29,...

6 months ago - PRNewsWire

Dario Contracts with New Employer for Cardiometabolic Solution

Demand for Dario's integrated cardiometabolic solution continues to grow as employers grappling with the surge in GLP-1 medication utilization search for proven ways to change health behaviors NEW YOR...

6 months ago - PRNewsWire

New Research Sheds Light on Mediators of Improved Outcomes in Dario Users

Two new analyses associate improved clinical and economic outcomes with use of Dario's digital health solution NEW YORK , Nov. 21, 2023 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO) ("Dario" or the...

6 months ago - PRNewsWire

Dario Publishes New Research Demonstrating that Dario Users That Increased Physical Activity Can Maintain Reduced Blood Glucose

New study highlights the value of a whole health approach managing chronic conditions and supporting members using GLP-1s NEW YORK , Nov. 13, 2023 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO) ("Da...

6 months ago - PRNewsWire

DarioHealth Reports Third Quarter 2023 Financial and Operating Results

Third quarter total revenue of $3.52 million compared to $6.6 million in the third quarter of 2022, impacted mainly by lower commercial strategic partners revenues in the quarter of $209,000 as compar...

6 months ago - PRNewsWire

Dario Launches Apple iPhone 15 Accessible Smart Blood Glucose Meter

New connectivity expands Dario's advantage with consumer accessibility NEW YORK , Nov. 1, 2023 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO) ("Dario" or the "Company"), a leader in the global digit...

7 months ago - PRNewsWire

DarioHealth to Report Third Quarter 2023 Results on Thursday, November 2nd

Company to host conference call and webcast at 8:30am ET NEW YORK , Oct. 30, 2023 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO), a leader in the global digital health market, today announced that i...

7 months ago - PRNewsWire

New Research Shows 36% Reduction in 30-Day Hospital Readmission Rate for Dario Users with Type 2 Diabetes

New research demonstrates Dario's ability to reduce costs through lower utilization of expensive healthcare resources, and the winning of a prestigious gold ribbon award NEW YORK , Oct. 17, 2023 /PRNe...

7 months ago - PRNewsWire

Dario Signs National Preferred Partner Agreement with a Top Five National Employee Benefits Consulting Firm

Agreement names Dario as the preferred digital health provider for employer clients NEW YORK , Oct. 5, 2023 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO) ("Dario" or the "Company"), a leader in the...

7 months ago - PRNewsWire

DarioHealth to Host Investor Day on The Rise of Digital Health

In-person event scheduled for Tuesday, October 17, 2023, in New York NEW YORK , Oct. 3, 2023 /PRNewswire/ -- DarioHealth Corp. (NASDAQ: DRIO) ("Dario" or the "Company"), a leader in the global digital...

8 months ago - PRNewsWire

Dario Publishes New Research Demonstrating Clinically Significant Reductions in Depression Through its Digital Behavioral Health Programs

63% of members using the Dario platform saw significant reduction in depression and anxiety symptoms NEW YORK , Sept. 27, 2023 /PRNewswire/ -- DarioHealth Corp. (Nasdaq: DRIO) ("Dario" or the "Company...

8 months ago - PRNewsWire