Livongo Health Q3 revenue totals $46M up 148%

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Livongo Health reported third quarter revenue at $46.7 million, a 148 percent increase year over year, according to the financial results released Nov. 6.

For the third quarter ended Sept. 30, Livongo Health had 207,815 members enrolled for its diabetes membership program. This is up 118 percent compared to the third quarter of 2018.

Livongo Health attributed its revenue growth to the continued adoption of its Applied Health Signals platform. The company did, however. report a net loss of $19.7 million for the quarter.

In the fourth quarter, Livongo Health expects revenue to range between $49 million and $49.5 million. At the end of the year, the company predicts its revenue will range between $168.5 million and $169 million.

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