Lvgo quarterly results

https://ir.livongo.com/news-releases/news-release-details/li…

Second Quarter Fiscal 2020 Financial Highlights:

Revenue: Total revenue for the quarter was $91.9 million, up 125% year-over-year, driven by the continued adoption of our Applied Health Signals platform. During the second quarter, the company achieved certain performance milestones and service performance obligations that resulted in approximately $2.5 million of revenue. Excluding that non-recurring revenue, second quarter revenue increased 119% year-over-year.
Gross Margin: GAAP gross margin of 76.6% and non-GAAP gross margin of 77.3%.

Net Loss and Non-GAAP Net Income: GAAP net loss of $1.6 million, and GAAP net loss per share attributable to common stockholders of ($0.02) on a diluted basis; and non-GAAP net income of $12.5 million, and non-GAAP net income per share attributable to common stockholders of $0.11 on a diluted basis.

Adjusted EBITDA: $13.3 million in the second quarter of 2020.

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