BioTelemetry (BEAT) Tops Q1 EPS by 4c

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BioTelemetry, Inc. Reports First Quarter 2015 Financial Results

May 6, 2015 4:05 PM EDT

MALVERN, Pa., May 6, 2015 (GLOBE NEWSWIRE) -- BioTelemetry, Inc. (Nasdaq: BEAT), the leading wireless medical technology company focused on the delivery of health information to improve quality of life and reduce cost of care, today reported results for the first quarter ended March 31, 2015.

Company Highlights

Revenue increased 17% to $43.4 millionExperienced eleventh consecutive quarter of year over year revenue growthGenerated positive adjusted EBITDA of $6.4 million, more than double Q1 2014Serviced over 140,000 patients in the quarter, 29% growth compared to prior yearLaunched CardioKey,  the Companys low... More