Inovalon (INOV) Tops Q4 EPS by 1c

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Go back to Inovalon (INOV) Tops Q4 EPS by 1c

Inovalon Reports Fourth Quarter and Full Year 2019 Results

February 19, 2020 4:11 PM EST

Fourth Quarter 2019 Highlights

Q4 revenue of $173.5 million, up 27% year-over-year (fully organic)
Q4 net income of $4.7 million, resulting in diluted net income of $0.03 per share
Q4 Non-GAAP net income of $21.9 million, resulting in Non-GAAP diluted net income of $0.15 per share
Q4 Adjusted EBITDA of $57.6 million, up 48% year-over-year
Q4 Adjusted EBITDA margin of 33.2%, up 470 basis points year-over-year
Q4 new sales ACV1 totaled $73.5 million, up 60%... More