NantHealth (NH) Tops Q2 EPS by 5c, Revenues Beat

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Go back to NantHealth (NH) Tops Q2 EPS by 5c, Revenues Beat

NantHealth Reports 2019 Second-Quarter Financial Results

August 8, 2019 4:15 PM EDT

Q2 Financial Highlights:

Fourth consecutive quarter of total revenue growth

Total revenue was $25.7 million, up 17% from Q2 2018

SaaS revenue of $18.3 million, rose 13% from Q2 2018 and 3% sequentially

Gross profit was $15.9 million, compared with $11.5 million in Q2 2018

Gross margin increased to 62% from 52% in Q2 2018

Software and Service business continued positive momentum in 1H 2019

CULVER CITY, Calif.--(BUSINESS WIRE)-- NantHealth, Inc. (NASDAQ-GS: NH), a next-generation, evidence-based, personalized healthcare company, today reported financial... More