BioTelemetry (BEAT) Tops Q4 EPS by 13c

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Go back to BioTelemetry (BEAT) Tops Q4 EPS by 13c

BioTelemetry, Inc. Reports Fourth Quarter 2018 Financial Results

February 21, 2019 4:06 PM EST

MALVERN, Pa., Feb. 21, 2019 (GLOBE NEWSWIRE) -- BioTelemetry, Inc. (NASDAQ: BEAT), the leading remote 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 fourth quarter ended December 31, 2018.

Quarter Highlights

Recognized quarterly revenue of $103.6 millionReached 12.9% year-over-year revenue growthAchieved 26th consecutive quarter of year-over-year revenue growthReported GAAP net income of $10.4 million, or $0.29 per diluted shareRealized record quarterly adjusted EBITDA of $30.5 million, or 29.4% of revenue... More