Inovalon (INOV) Misses Q2 EPS by 1c

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Inovalon Reports Record Second Quarter 2015 Results

August 5, 2015 4:10 PM EDT

BOWIE, Md., August 5, 2015 /PRNewswire/ --

Record quarterly revenue of $117.6 million, a 17% year-over-year increase Record quarterly Adjusted EBITDA of $52.7 million, a 17% year-over-year increase Robust second quarter revenue less cost of revenue and Adjusted EBITDA margins of 71.4% and 44.8%, respectively Record Non-GAAP net income of $27.4 million in the second quarter, resulting in Non-GAAP diluted net income of $0.18 per share

Inovalon (Nasdaq: INOV), a leading technology company providing advanced cloud-based data analytics and... More