R1 RCM (RCM) Misses Q4 EPS by 3c, Revenues Miss; Offers FY20 Revenue Guidance

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R1 RCM Reports Fourth Quarter and Full Year 2019 Results

February 20, 2020 7:00 AM EST

CHICAGO, Feb. 20, 2020 (GLOBE NEWSWIRE) -- R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-enabled revenue cycle management services to healthcare providers, today announced results for the three months and year ended December 31, 2019.

Fourth Quarter 2019 Results:

Revenue of $314.0 million, up $51.1 million and 19.4% compared to the same period last yearGAAP net income of $7.8 million, compared to GAAP net loss of $5.7 million in the same period last yearAdjusted EBITDA of $45.1 million, up $18.0 million compared to the same period last year

Full Year 2019 Results:

... More