Financial PerformanceAdjusted EBITDA of $65.4mm topped Street’s estimate of $62.8mm, implying a 32.6% margin as savings from restructuring pulled through to the bottom line.
Market Share GrowthPrescription growth is exceeding overall market growth, indicating that GoodRx is continuing to gain market share.
Strategic PositioningGoodRx drives foot traffic to front-of-store, adding incentive for retail pharmacies to make deals with them, already having agreements with 7 of the top 10 retailers.