Tabula Rasa HealthCare (TRHC) Tops Q2 EPS by 1c, Revenues Miss; Offers 3Q & FY20 Revenue Guidance Below Consensus

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Tabula Rasa HealthCare Reports Second Quarter 2020 Results

August 4, 2020 5:18 PM EDT

MOORESTOWN, N.J., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Tabula Rasa HealthCare, Inc. (TRHC) (NASDAQ: TRHC), a healthcare technology company advancing the field of medication safety, today reported financial results for the second quarter ended June 30, 2020.

Second Quarter 2020 Highlights

Total revenue of $76.8 million, which is within our guidance range of $76.0 million to $81.0 million for the second quarter of 2020, was up 1% as compared to the second quarter of 2019.Non-GAAP Adjusted EBITDA of $7.1 million, which is within our guidance range of $7.0 million to $9.0 million for the... More