Augmedix rises on Q1 revenue beat

Augmedix

12/05/2023 17:28

** Shares of digital health platform Augmedix Inc  AUGX.O 
up 2.3% at $4.06
    ** Co reports Q1 revenue of $9.6 mln, an increase of 38%
from a year ago; also above analysts' est. of $9.4 mln
    ** Co expects at least $42 mln in 2023 revenue, above
analysts' est. of $41.9 mln
    ** "Our record first quarter bookings and accelerating
revenue growth comes from deploying our technology with existing
and new customers and in more healthcare settings," says Manny
Krakaris, CEO
    ** AUGX stock up 159.29% YTD

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))