TMDX tracking above $200 million in Q2 revenues, Jonah Lupton notes

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TMDX tracking above $200 million in Q2 revenues, Jonah Lupton notes — TMDX eyes $200 million Q2 revenues

Jonah Lupton, investor and market commentator at Social Media / FinTwit, reports that TMDX continues to operate above 36 flights per day over the first 16.3 days of June.

Lupton expects the company to be on track for $200 million in second-quarter revenues, surpassing street estimates of $184 million. He also discloses that his fund, FirstWaveFund, holds a position in TMDX.

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Earlier this month, Lupton reported that TMDX's daily flights had exceeded 36 per day in June, marking a 40 percent year-over-year increase and 17.4 percent growth month over month, according to his estimates. In a separate note, he also commented on RDDT as it was rumored to be weighing an exclusive $1 billion data licensing deal. The recent updates contribute to a string of data-driven observations from Lupton.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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