Inovalon (INOV) Tops Q3 EPS by 4c, Expands Buyback Program
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Inovalon Reports Third Quarter 2016 Results
November 2, 2016 4:10 PM EDTBOWIE, Md., Nov. 2, 2016 /PRNewswire/ -- Â
Third Quarter 2016 Highlights
Third quarter revenue of $105.0 million Third quarter net income of $7.8 million, resulting in diluted net income of $0.05 per share Third quarter Non-GAAP net income of $15.4 million, resulting in Non-GAAP diluted net income of $0.10 per share Third quarter Adjusted EBITDA of $26.3 million MORE2 Registry® dataset medical event count expanded to more than 11.9 billion Share repurchase program expanded to $200 millionInovalon (Nasdaq: INOV), a leading technology company providing advanced cloud-based data analytics and... More
