Inovalon (INOV) Tops Q4 EPS by 2c, Offers Guidance
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Inovalon Reports Fourth Quarter and Full Year 2020 Results
February 3, 2021 4:10 PM ESTFourth Quarter 2020 Highlights
Q4 revenue of $189.7 million, up 9% year-over-year, and up 18% sequentiallyQ4 subscription-based platform revenue of $163.5 million, up 14% year-over-year and up 15% sequentially, equating to 86% of Q4 total revenueQ4 net income of $21.4 million, resulting in diluted net income of $0.14 per shareQ4 Non-GAAP net income of $30.8 million, resulting in Non-GAAP diluted net income of $0.21 per share, up 40% year-over-year, and up 31% sequentiallyQ4 Adjusted EBITDA of $68.1 million, up 18% year-over-year, and up 16% sequentiallyQ4... More