Garmin had a pretty solid 2016, finishing off the fourth quarter with a 10 percent year over year increase in revenue and a total of $861 million. For all of 2016, revenue was up 7 percent from the prior year, with each of the company’s categories – fitness, marine, outdoor and aviation – collectively growing over 20 percent. Fitness wearables grew 20 percent in the quarter driven by devices with...
Last year was an important one for San Francisco-based Castlight Health, as it was the first full year of availability for their health benefits platform, and that led to a strong finish in the final quarter of 2016 in the form of $101.7 million in total revenue and $95 million in subscription revenue, which each represent a 35 percent increase year over year.
On a call with investors, Castlight...
Increased membership, revenue and visits were all highlights of Teladoc’s fourth quarter for 2016, and it was a big year overall for the telemedicine provider. During the company’s fourth quarter earnings call with investors, Teladoc executives shared strong numbers across the board as well some strategic partnerships and legislative advancements they believe will keep them on an upward path.
“As...
In 2016, we rounded up pharma news in the first, second, and third quarter of the year. Pharma news in the fourth quarter of 2016 mostly fit into two buckets: clinical trial data collection and chronic condition management. The latter focused especially on the diabetes and chronic respiratory disease spaces. Read on below for Q4 2016 news from a number of pharma companies from around the world....
This story has been updated to include several acquisitions that were omitted accidentally, as well as new ones that have broken since it was originally published.
Just like last year, 2016 ended up being a big year for acquisitions. With 45 acquisitions, that beats out 2015's total of 36, and many were from high-profile, attention-grabbing companies such as Google, Fitbit and Philips.
In the...
