Omada Health posts first profitable quarter and prepares CEO succession
read at Endpoints ↗EarningsPositive
Omada Health, a digital health company, completed its IPO a little over a year ago and has now posted its first profitable quarter, achieved in the spring.
The profitability marks a milestone for the firm, which has been focusing on scaling its chronic disease management platform.
With the financial results in hand, the board is preparing for its inaugural CEO transition, appointing Wei-Li Shao, who joined the company recently, to take over leadership.
source
This writeup was produced by pharmadog from original reporting by Endpoints.
Original headline: “Why Omada is staying in its lane”
read at Endpoints ↗80 words · retrieved Sep 15
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