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Livongo Health Inc. LVGO

Livongo Health Inc provides a data science and technology enabled platform for detection of diabetes. Its additional solutions include Livongo for Hypertension, Livongo for Prediabetes and Weight Management, and Livongo for Behavioral Health by myStrength. The company's client comprise of employers, health plans, government entities, and labor unions. Its operations are primarily located in the United States.


NDAQ:LVGO - Post by User

Post by drbob512on Jun 11, 2020 12:56am
158 Views
Post# 31137139

Takeaways from Stifel Conf

Takeaways from Stifel Confwith CEO Zane & CFO Lee, from LVGO, on June 9th, were many. I was a little psychic in predicting that cholesterol would be added & they announced that. They were excited about adding fee for service (Medicare Supplemental) members, due to law/policy changes by HHS in April, to add to Advantage members, opens up a large mkt to them. They also getting into wider array of cardiovascular than just hypertension & they are excited for behavioral health as well. They didnt mention weight mgmt but am sure that is still there. Their TAM (total addressable mkt) is huge & they have only touched the surface. They have xlnt data to show they save their clients a lot of money while improving members' health. Also, global is in their future as LVGO's executives have experience there. I think this can be a 5 bagger from $60 in 3 yrs & 10 bagger in 5, as they are executing great with huge TAM. I think they beat estimates for 2nd qtr. Oh, CFO said they will use the new $ raised but be very selective. Expect an acquisition in next 3-6 mos. & it will be accretive, not dilutive, just like what IIPR has done when raising moneys. What a company !
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