earnings
confidence high
sentiment neutral
materiality 0.70
NRC Health Q2 revenue $35M, EPS $0.26; amends credit; acquires NOBL Health
NRC HEALTH
2024-Q2 EPS reported
$0.52
revenue$70,334,000
- Q2 revenue ~$35M vs ~$36M YoY; diluted EPS $0.26 vs $0.29 YoY; TRCV $138M at June 30.
- Credit agreement amended: maturity extended to May 2027; term loans bear SOFR+2.35% with 10-year amort.
- Acquired NOBL Health on July 15 for ~$6M cash + up to $1M earnout; NOBL had ~$2M TRCV.
- Board declared $0.12/share quarterly dividend, payable Oct 11, record Sep 27.
- ~1.1M shares remain under repurchase plan; no buybacks in Q2 pending amendment.