LifeMD rises on upbeat 2025 revenue forecast

LifeMD

11/03/2025 13:00

** Shares of telehealth co LifeMD LFMD.O rise 20.8% to $5.16 premarket

** Co forecast late on Monday 2025 total revenue to be in the range of $265 mln to $275 mln, above analysts' estimates of $257.23 mln, according to data compiled by LSEG

** Expects Q1 2025 revenue in the range of $61 mln to $63 mln, above estimates of $59.45 mln

** Co says its Medicare launch is slated for April 1 and could be a significant growth driver for its weight management program

** Co expects Medicare, the government-backed program for adults aged 65 and older and those with disabilities, ultimately will cover GLP-1 medications for eligible beneficiaries

** Brokerage Lake Street Capital Markets sees "LifeMD's current success as the tip of the iceberg in terms of the company's potential"

** Up to last close, LFMD had fallen 46.6% in the past 12 months

 (Reporting by Siddhi Mahatole)

 ((siddhi.mahatole@thomsonreuters.com))