Revenue Growth

Hydreight Technologies reported strong Q1 2025 results, with a 34% year-over-year revenue increase to $6.53 million. GAAP revenue reached $4.54 million, and gross margin and adjusted EBITDA improved. The company achieved net profitability, ending the quarter with $6.04 million in cash. New nurse signups and pharmacy orders grew significantly. Driven by its strategic initiatives, Hydreight is focused on expansion and profitability within the digital health sector.

Eightco Holdings (NASDAQ: OCTO) reported Q1 2025 revenue of $9.9 million (+25% YoY), driven by its expansion into the high-volume, low-margin refurbished Apple products market. Operating losses narrowed 55% to $1.4 million through reduced SG&A expenses (-28% to $2.2 million), but gross margins collapsed to 8.2% from 17.5%, raising concerns about balancing growth with profitability amid rising interest costs ($1.3 million) and a $2.5 million net loss versus prior-year $1.9 million profit.