MTBC (MTBC) Tops Q4 EPS by 8c
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MTBC Reports Full Year and Fourth Quarter 2016 Results and Provides Guidance
March 31, 2017 6:00 AM EDTSOMERSET, NJ -- (Marketwired) -- 03/31/17 -- Fourth Quarter 2016 Financial Results:
Revenue of $8.8 million for fourth quarter 2016, 65% growth over fourth quarter 2015 GAAP net loss of $4.0 million, or $0.42 per share Non-GAAP adjusted net income of ($1.3 million), or ($0.12) per share for the quarter Adjusted EBITDA of ($814,000) or (9.2%) of revenue for the quarterFull Year 2016 Financial Results:
Revenue of $24.5 million for the year, 6% growth over 2015 GAAP net loss of $8.8 million, or $0.95 per share Non-GAAP adjusted net income of ($2.0 million) or ($0.19) per share for the year Adjusted... More