MTBC (MTBC) Tops Q1 EPS by 18c

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Go back to MTBC (MTBC) Tops Q1 EPS by 18c

MTBC Reports First Quarter 2016 Results

May 11, 2016 6:00 AM EDT

Highlights:

Revenue of $5.1 million for first quarter 2016Adjusted EBITDA of $65,000 or 1.3% of revenueFull year revenue guidance range reaffirmed at $27 $30 millionFull year Adjusted EBITDA guidance range reaffirmed at $1.5 $2.0 million

SOMERSET, N.J., May 11, 2016 (GLOBE NEWSWIRE) -- Medical Transcription Billing, Corp. (Nasdaq: MTBC), a leading provider of proprietary, web-based electronic health records, practice management and mHealth solutions, today announced financial and operational results for first quarter 2016, while reaffirming guidance for 2016.

During the first quarter, we made solid strides... More