Inovalon (INOV) Tops Q2 EPS by 5c
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Inovalon Reports Second Quarter 2018 Results
August 1, 2018 4:15 PM EDTSecond Quarter 2018 Highlights
Second quarter revenue of $152.8 millionSecond quarter net loss of $10.5 million, resulting in net loss of $0.07 per shareSecond quarter Non-GAAP net income of $19.3 million, resulting in Non-GAAP net income of $0.13 per shareSecond quarter Adjusted EBITDA of $52.8 million, resulting in Adjusted EBITDA margin of 34.6%Reaffirming full-year 2018 revenue, increasing Adjusted EBITDA and Non-GAAP EPS, and updating other guidancePlease refer to our Second Quarter 2018 Earnings Presentation Supplement available at... More
