CRH Medical (CRHM) Reports Q4 Revenues Beat

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CRH Medical Corporation Announces 2019 Fourth Quarter and Year-End Results

March 11, 2020 5:00 PM EDT

VANCOUVER, March 11, 2020 /PRNewswire/ - CRH Medical Corporation (TSX: CRH) (NYSE MKT: CRHM) ("CRH" or the "Company"), today announced financial and operating results for the year and three months ended December 31, 2019.

Year-end highlights (all results expressed in USD):

Total revenue of $120.4 million, an increase of 6.8% over 2018 Anesthesia services revenue of $110.3 million, an increase of 8.4% over 2018 Anesthesia patient cases of 345,393 increased 24.8% over 2018 Adjusted operating EBITDA of $51.7 million, a 42.9% adjusted operating EBITDA margin Free cash flow $29.2 million (cash from operating activities less distributions to... More