BioTelemetry (BEAT) Tops Q3 EPS by 2c

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Go back to BioTelemetry (BEAT) Tops Q3 EPS by 2c

BioTelemetry, Inc. Reports Third Quarter 2015 Financial Results

November 9, 2015 4:06 PM EST

MALVERN, Pa., Nov. 09, 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 third quarter ended September 30, 2015.

Company Highlights

Achieved second consecutive quarter of profitability with $2.5 million GAAP net income  Experienced thirteenth consecutive quarter of year over year revenue growthGenerated positive adjusted EBITDA of $8.7 million, highest since 2008CMS issued final 2016 physician fee schedule with an increase of 8% for Mobile Cardiac... More