TruBridge Q3 revenue $83.8M, bookings $21M; COO David Dye retiring

TruBridge, Inc.

2024-Q3 EPS reported -$1.17 revenue$251,806,000

Q3 revenue $83.8M vs $82.7M YoY; bookings $21.0M (up 40% from $15.0M).
GAAP net loss $(9.8)M ($(0.66)/share); non-GAAP net loss $(3.0)M ($(0.21)/share).
Adjusted EBITDA $13.8M (16.5% margin) vs $9.7M in prior year.
COO David Dye retiring Dec 31, 2024; position eliminated; business unit GMs now report to CEO.
FY2024 revenue guidance narrowed to $335-$337M; adj. EBITDA $49-$50M (previously $45-$50M).

item 2.02 item 5.02 item 7.01 item 9.01

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Departed

David A. Dye

Chief Operating Officer

TBRG · TruBridge, Inc.

Effective: 2024-12-31
Filed: November 7, 2024, 6:59 PM ET

On November 1, 2024, TruBridge, Inc. (the “Company”) and David A. Dye, the Company’s Chief Operating Officer and a director of the Company, agreed that Mr. Dye will no longer serve as the Company’s Chief Operating Officer, effective December 31, 2024.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

David A. Dye departed as Chief Operating Officer at TruBridge, Inc..

Action: will no longer serve
Role: Chief Operating Officer

Exact text from the filing

On November 1, 2024, TruBridge, Inc. (the “Company”) and David A. Dye, the Company’s Chief Operating Officer and a director of the Company, agreed that Mr. Dye will no longer serve as the Company’s Chief Operating Officer, effective December 31, 2024.

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TruBridge, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-24-033988

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