earnings
confidence high
sentiment negative
materiality 0.75
TruBridge Q1: GAAP loss of $0.17/share; FY2024 revenue guidance lowered
TruBridge, Inc.
2024-Q1 EPS reported
-$0.17
revenue$83,247,000
- Total revenue $83.2M (-3.5% YoY); RCM revenue grew to $53.0M (63.7% of total).
- GAAP diluted loss per share $(0.17) vs $0.21 EPS; Non-GAAP EPS $0.19 vs $0.58.
- Adjusted EBITDA $9.5M, down from $14.6M; bookings rose to $23.6M from $19.8M.
- Full-year 2024 revenue guidance cut to $330M-$340M from $340M-$350M; Adj EBITDA unchanged $45M-$50M.
- Q2 2024 revenue guided $81M-$83M; Adj EBITDA $8M-$10M.