BioTelemetry (BEAT) Tops Q2 EPS by 3c

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Go back to BioTelemetry (BEAT) Tops Q2 EPS by 3c

BioTelemetry, Inc. Reports Second Quarter 2016 Financial Results

August 2, 2016 4:06 PM EDT

MALVERN, Pa., Aug. 02, 2016 (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 second quarter ended June 30, 2016.

Company Highlights

Recognized highest quarterly revenue in Companys history of $52.7 million, an 18% increase over the prior yearRecorded $4.3 million GAAP net income for the second quarterRealized highest quarterly adjusted EBITDA in Companys history of $11.9 million, a 51% increase over the prior... More