LifeMD Projects Q4 Revenue Between $46M-$49M and Targets 30% Operating Expense Reduction
LifeMD (LFMD) reported third-quarter revenue of $44.6 million, which fell short of the company's previously guided range. Despite this miss, Chairman and CEO Justin Schreiber expressed confidence in the company's growth trajectory, stating that LifeMD expects to exit the period with a revenue run rate of approximately $200 million. Looking ahead, management has provided a Q4 revenue outlook of $46 million to $49 million. Additionally, the company has outlined a long-term efficiency strategy aimed at reducing operating expenses by 30% by the first quarter of 2027.
