E-commerce Segment Growth
There was a 51% increase in recurring revenue from airtime contract sales to record levels, driven by growth in Internet of Things sales and the impact of the Outfitter acquisition in Q2 of last year.
Substantial Performance Bonus in Healthcare
The company received a substantial performance bonus from one of its payers based on meeting adherence and quality measures of the enhanced quality improvement program.
Expansion in China
The launch of OPKO products continues to show progress in China, including the arrival of the largest shipment to date and the commencement of in-store sales in several retail chains.
Strategic Evaluations for Shareholder Value
The company is exploring strategic options such as the possible sale or merger of certain operations, new partnerships, and joint ventures to enhance shareholder value.