Inovalon (INOV) Tops Q1 EPS by 2c
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Inovalon Reports First Quarter 2015 Results
May 6, 2015 4:10 PM EDTBOWIE, Md., May 6, 2015 /PRNewswire/ --
Record first quarter revenue of $93.6 million Record first quarter Adjusted EBITDA of $32.0 million Non-GAAP Net Income of $15.1 million in the first quarter, resulting in Non-GAAP diluted net income of $0.11 per share Cash and cash equivalents of $793.1 million or $5.37 per outstanding share as of March 31, 2015 Record analytical volume reflected in the Company's Patient Analytical Months (PAM) metric of 17.8 billion, a 30.9% year-over-year increase on strong client demandInovalon (Nasdaq:... More
