BioTelemetry (BEAT) Tops Q2 EPS by 19c

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Go back to BioTelemetry (BEAT) Tops Q2 EPS by 19c

BioTelemetry, Inc. Reports Second Quarter 2020 Financial Results

July 30, 2020 4:05 PM EDT

MALVERN, Pa., July 30, 2020 (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 quarter ended June 30, 2020.

Company Highlights

Recognized quarterly total revenue of $99.1 millionTotal revenue declined 11.4% year-over-year due to the impact of COVID-19 across most of our businessesReported quarterly GAAP net income of $2.3 million, or 2.3% of total revenueRealized quarterly adjusted EBITDA of $25.6 million, or 25.8% of total revenueAcquired Remote... More