DocGo slips on tepid quarterly results, narrower annual outlook
18/08/2026 09:23
BUZZ-DocGo slips on tepid quarterly results, narrower annual outlook ** Shares of mobile healthcare provider DocGo DCGO.O down more than 12% to 62 cents in premarket trading
** DCGO posted second-quarter revenue of $73.4 million, compared with estimates of $75.4 million
** Company also narrowed full-year 2026 revenue forecast to $305 million-$310 million, excluding Hicuity Health acquisition
** In May, DCGO had raised 2026 revenue outlook despite first-quarter revenue decline
** Up to last close, stock down 19%, YTD
(Reporting by Sudeshna Ghoshal in Bengaluru)
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DocGo slips on tepid quarterly results, narrower annual outlook