Hydreight Technologies (HDRGF) Swings to Q1 Profit, Revenue Jumps 45%

Hydreight Technologies Inc. (OTC: HDRGF) on June 2, 2026, reported first-quarter net income of $0.3 million, reversing a year-earlier loss, as revenue climbed 45% to $2.1 million. The mobile clinical services provider earned $0.01 per share, beating the consensus estimate of a breakeven quarter. Revenue rose from $1.45 million in the same period a year ago, driven by expanded telehealth platforms and new partnership agreements. Operating expenses increased 12% to $1.6 million. The company ended the quarter with $5.2 million in cash and no long-term debt. Shares have gained 8% year-to-date.