From Name

From Email

To Name

To Email

Message

Health tech firm draws Zoom comparison after 270% jump since IPO

from Bloomberg via Crain's Chicago Business

Health tech firm draws Zoom comparison after 270% jump since IPO Bloomberg via Crain's Chicago Business Livongo Health Inc. may focus on chronic conditions like diabetes and high blood pressure, but it’s really “a tech company in healthcare clothing,” according to RBC Capital Markets. One year since its public debut, Livongo is fetching comparisons to software-as-a-service names like Zoom Video Communications Inc. and Crowdstrike Holdings Inc. Analyst Sean Dodge said the digital health company is increasingly being valued as a tech company, and it’s warranted given its significant market potential, blistering revenue growth and ability to scale. READ MORE

more