Workflow
Syra Health Announces Third Quarter Financial Results: Margins, Profitability Metrics Improve

Priya Prasad, Interim CEO of Syra Health, said, "While federal spending cuts have created near-term headwinds for our revenue, we're making meaningful progress on the fundamentals. Our Population Health business unit grew 96% this quarter, demonstrating strong market demand for our solutions. We've improved our gross margin by 300 basis points to 33%, and we've reduced our net loss by 46% through disciplined cost management and operational efficiency. Our focus on overhead reduction delivered a 12% decrease ...