secwatch.observer — SEC 8-K summary
======================================

Issuer:     TruBridge, Inc. (TBRG)
CIK:        0001169445
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001437749-24-015810
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TruBridge Q1: GAAP loss of $0.17/share; FY2024 revenue guidance lowered
-----------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1169445/000143774924015810/0001437749-24-015810-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1169445/000143774924015810/cpsi20240509_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-015810

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer