Inovalon (INOV) Misses Q4 EPS by 4c, Offers Guidance
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Inovalon Reports Fourth Quarter and Full Year 2018 Results
February 20, 2019 4:15 PM ESTFull Year 2018 Highlights
Full year revenue of $527.7 million, up 17% year-over-yearFull year net loss of $39.2 million, resulting in net loss of $0.27 per shareFull year Non-GAAP net income of $39.3 million, resulting in Non-GAAP diluted net income of $0.27 per shareFull year Adjusted EBITDA of $151.9 million, up 39% year-over-yearFull year Adjusted EBITDA margin of 28.8%, up 450 basis points year-over-yearFull year net cash provided by operating activities of $90.4 million, representing 17.1% of revenueFull year Non-GAAP net cash provided by operating activities of $103.8 million, representing 19.7% of revenueFull year ACV1 signed, excluding ABILITY and Services, of $113.2 million, up 77%... More