{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-24-006100","form_type":"8-K","ticker":"TBRG","cik":"0001169445","company_name":"TruBridge, Inc.","filed_at":"2024-02-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.546781+00:00","generated_at":"2026-06-05T06:10:49.382650+00:00","sec_items":["1.01","2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"CPSI posts Q4 GAAP loss of $(2.92)/share; amends credit agreement to waive covenant breach","bullets":["Q4 2023 revenue $85.9M (+3.2% YoY); GAAP loss per share $(2.92), non-GAAP EPS $0.36; adj. EBITDA $12.0M (down 9% YoY).","Full year 2023 revenue $339.4M; GAAP loss per share $(3.15), non-GAAP EPS $1.79; bookings $85.1M.","Fourth Amendment lowers fixed charge coverage covenant to 1.15:1.00 for Q1-Q4 2024; waives Dec 31, 2023 non-compliance.","Amendment allows up to $7.25M add-backs to EBITDA for 2024 and limits Viewgol savings to $6.6M.","FY2024 outlook: revenue $340M-$350M; adj. EBITDA $45M-$50M. Q1 2024: revenue $82M-$84M, adj. EBITDA $8.5M-$9.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-24-006100","json":"https://secwatch.observer/filing/0001437749-24-006100.json","markdown":"https://secwatch.observer/filing/0001437749-24-006100.md","text":"https://secwatch.observer/filing/0001437749-24-006100.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1169445/000143774924006100/0001437749-24-006100-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1169445/000143774924006100/cpsi20240229_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T06:10:49.382650+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"af59c33606f1d345f5e3a8b48fdbd2bdc35f7077","claim":"TruBridge, Inc. reported fourth quarter and year ended December 31, 2023 results: revenue $85.9 million, net income GAAP loss per diluted share of $(2.92), EPS GAAP loss per diluted share of $(2.92) and non-GAAP earnings per diluted share of $0.36. Guidance initiated.","evidence_excerpt":"Overview All comparisons are to the fourth quarter ended December 31, 2022, unless otherwise noted. ● Bookings of $26.0 million compared to $24.7 million ● Total revenue of $85.9 million compared to $83.2 million ● Revenue Cycle Management (RCM) revenue of $51.0 million compared to $45.7 million o RCM revenue represented 60.7% of CPSI’s total recurring revenue","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169445/000143774924006100/0001437749-24-006100-index.htm","confidence":0.85,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter and year ended December 31, 2023"},{"label":"Revenue","value":"$85.9 million"},{"label":"Net income","value":"GAAP loss per diluted share of $(2.92)"},{"label":"EPS","value":"GAAP loss per diluted share of $(2.92) and non-GAAP earnings per diluted share of $0.36"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"d8af4ffc9c660d36ed1ac61ee1dde6da2e8c247b","claim":"TruBridge, Inc. amended Fourth Amendment with Regions Bank, as administrative agent and collateral agent, and various other lenders (effective 2024-02-29).","evidence_excerpt":"On February 29, 2024, Computer Programs and Systems, Inc. (the “Company”) entered into a Fourth Amendment (the “Fourth Amendment”) to the Amended and Restated Credit Agreement, dated as of June 16, 2020 (as amended, the “Credit Agreement”), by and among the Company; certain subsidiaries of the Company, as guarantors (collectively, the “Subsidiary Guarantors”); Regions Bank, as administrative agent and collateral agent (the “Administrative Agent”); and various other lenders.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1169445/000143774924006100/0001437749-24-006100-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Regions Bank, as administrative agent and collateral agent, and various other lenders"},{"label":"Effective","value":"2024-02-29"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}