BioTelemetry (BEAT) Tops Q3 EPS by 4c

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BioTelemetry, Inc. Reports Third Quarter 2014 Financial Results

October 30, 2014 4:05 PM EDT

MALVERN, Pa., Oct. 30, 2014 (GLOBE NEWSWIRE) -- BioTelemetry, Inc. (Nasdaq: BEAT), the leading wireless 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 third quarter ended September 30, 2014.

Company Highlights

Revenue increased 35% to $43.1 million, which includes 9% organic growth Experienced ninth consecutive quarter of year over year revenue growth Serviced over 135,000 patients in the quarter, doubling the prior year volume Generated positive adjusted EBITDA of $6.0 million Announced the reinstatement of... More