R1 RCM (RCM) Reports In-Line Q2 EPS, Revenues Beat; Offers FY20 Revenue Guidance Above Consensus

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Go back to R1 RCM (RCM) Reports In-Line Q2 EPS, Revenues Beat; Offers FY20 Revenue Guidance Above Consensus

R1 RCM Reports Second Quarter 2020 Results

August 4, 2020 7:00 AM EDT

CHICAGO, Aug. 04, 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 ended June 30, 2020.

Second Quarter 2020 Results:

Revenue of $314.7 million, up $19.7 million and 6.7% compared to the same period last year GAAP net income of $15.1 million, compared to net loss of $5.2 million in the same period last year Adjusted EBITDA of $65.3 million, up $24.7 million compared to the same period last year

I want to thank all of our employees... More