8-K
filed November 1, 2022, 7:59 PM ET
ticker TBRG
CIK 0001169445
earnings
confidence high
sentiment positive
materiality 0.65
CPSI Q3 revenue $82.8M (+18% YoY); GAAP EPS $0.15 down from $0.19, non-GAAP EPS $0.57
TruBridge, Inc.
2022-Q3 EPS reported
$0.91
revenue$243,424,000
- Q3 revenue $82.8M (+18% YoY); GAAP net income $2.2M ($0.15 diluted EPS) vs $2.7M ($0.19) YoY.
- Non-GAAP net income $8.2M ($0.57 per diluted share); Adjusted EBITDA $13.3M; bookings $20.5M.
- VP-Finance & Controller James B. Britain to depart upon filing of FY 2022 10-K; no disagreement cited.
- TruBridge cross-selling increased 30% sequentially; pipeline tripled YoY.
- Net debt $124.8M at Sept 30, 2022 vs $98.1M a year ago.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
TruBridge, Inc. reported nine months ended September 30, 2022 results: revenue $243.4 million, net income $13.4 million, EPS $0.91 per diluted share.
- Period
- nine months ended September 30, 2022
- Revenue
- $243.4 million
- Net income
- $13.4 million
- EPS
- $0.91 per diluted share
- Result
- reported results
Exact text from the filing
Total revenues for the nine months ended September 30, 2022, were $243.4 million, compared with total revenues of $206.6 million for the prior-year period. GAAP net income for the nine months ended September 30, 2022, was $13.4 million, or $0.91 per diluted share, compared with $13.0 million, or $0.89 per diluted share, for the nine months ended September 30, 2021.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
TruBridge, Inc. reported third quarter ended September 30, 2022 results: revenue $82.8 million, net income $2.2 million, EPS $0.15 per diluted share.
- Period
- third quarter ended September 30, 2022
- Revenue
- $82.8 million
- Net income
- $2.2 million
- EPS
- $0.15 per diluted share
- Result
- reported results
Exact text from the filing
Total revenues for the third quarter ended September 30, 2022, were $82.8 million, compared with total revenues of $70.1 million for the prior-year quarter. GAAP net income for the quarter ended September 30, 2022, was $2.2 million, or $0.15 per diluted share, compared with $2.7 million, or $0.19 per diluted share, for the quarter ended September 30, 2021.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
James B. Britain departed as Vice President – Finance and Controller at TruBridge, Inc..
- Action
- notified that he will no longer serve
- Role
- Vice President – Finance and Controller
Exact text from the filing
On October 28, 2022, the Company notified James B. Britain that he will no longer serve as Vice President – Finance and Controller of the Company effective upon the filing of the Company’s Annual Report on Form 10-K for the fiscal year ending December 31, 2022.
View on SEC.gov
Governance Changes
SEC 8-K Item 5.03/5.05/5.06
confidence 0.9
TruBridge, Inc.: Adopted Amended and Restated Bylaws with various revisions including remote meeting authorization, updated DGCL references, and new procedures for universal proxy rules (effective 2022-10-26).
- Change
- bylaw amendment
- Effective
- 2022-10-26
Exact text from the filing
On October 26, 2022, the Board of Directors (the “Board”) of the Company adopted Amended and Restated Bylaws of the Company (as amended, the “Bylaws”), effective on such date.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.