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OptimizeRx Corp. (OPRX): Surprising Profitability Development and Revenue Forecast Increase - Analyst Raises Target Price to $22!

M. Herzberger
Reading Time: 2 minutes

OptimizeRx Corp. (OPRX) is a leading provider of digital communication solutions for the healthcare industry. The company released a strong report for the first quarter after the market closed on May 12. According to the report, revenue increased by 11% year-over-year to $21.39 million, and EPS improved from -$0.11 to $0.08. The company's liquidity situation also improved, with cash reserves of $16.6 million at the end of the quarter. Gross profit also rose to $13.3 million, representing a 9% increase compared to the first quarter of 2024. Analysts...

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