Definitive Healthcare is a healthcare technology company that provides data analytics and insights to healthcare providers and payers. The company's stock price has been trading on NASDAQ under the ticker symbol "DH" since 2015.
On August 19, 2021, Definitive Healthcare announced its second quarter 2021 financial results. The company reported revenue of $3.7 million, which was a decrease of 46% compared to the same period in the previous year. This decline was primarily due to the impact of the COVID-19 pandemic on healthcare providers and payers, as well as increased competition in the market.
In addition to the revenue decline, Definitive Healthcare's stock price also experienced a 46% decrease from its previous closing price of $0.25 per share. The company's stock price has been trading below $0.10 per share since early August 2021.
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