Inovalon (INOV) Reports In-Line Q3 EPS

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Inovalon Reports Third Quarter 2015 Results

November 4, 2015 4:10 PM EST

BOWIE, Md., Nov. 4, 2015 /PRNewswire/ -- 

Record third quarter revenue of $105.5 million, 23% year-over-year growth Quarterly Adjusted EBITDA of $29.0 million Third quarter Non-GAAP net income of $13.0 million, resulting in Non-GAAP diluted net income of $0.09 per share

Inovalon (Nasdaq: INOV), a leading technology company providing advanced cloud-based data analytics and data-driven intervention platforms to the healthcare industry, today announced financial results for the third quarter of 2015 and updated its full year 2015 financial guidance.

"The third quarter of 2015 was an extremely busy time at Inovalon, resulting in... More