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TruBridge (TBRG)
NASDAQ:TBRG
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Earnings Data
Report Date
Feb 18, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
-0.03Last Year’s EPS
-2.92Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 01, 2018
|% Change Since: 78.70%
|Next Earnings Date:Aug 02, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong bookings and significant growth in Financial Health revenue, alongside successful integration of Viewgol and traction with the nTrust solution. However, there were challenges such as the decline in Patient Care revenue and internal control weaknesses. Despite these lowlights, the overall progress and improvements in financial metrics indicate a positive outlook.Company Guidance
During the TruBridge third quarter 2024 earnings call, several key metrics and strategic updates were provided. The company reported strong bookings of over $20 million for the fourth consecutive quarter and a 5% organic growth in financial health revenue, excluding Viewgol. Their core CBO business saw double-digit growth, and adjusted EBITDA margins increased to 16.5%. Year-to-date cash flow from operations improved by almost $9 million, reaching approximately $22 million. The integration of Viewgol is progressing, with over 30% of CBO and EBO customers now supported by a team in India, and plans to increase this to 60% by 2025. The nTrust solution, integrating financial health and patient care, expanded its client base by nearly 30% year-over-year, now serving 78 clients. TruBridge also highlighted improvements in accounts receivable and DSOs, with a focus on cost rationalization yielding $5 million in expense reductions this year. The company anticipates continued revenue growth and significant margin improvements into 2025, setting a goal to reach EBITDA margins of around 20% by the end of that year. For the fourth quarter, revenue is projected between $83.5 million and $85.5 million, with adjusted EBITDA expected to range between $13.5 million and $14.5 million.Strong Bookings
Fourth consecutive quarter with more than $20 million in total bookings, marking a 40% increase versus the prior year.
Financial Health Revenue Growth
Financial Health revenue grew by 17% compared to the prior year, with organic revenue growth (excluding Viewgol) of 5.3%.
Improved Cash Flow
Cash flow from operations year-to-date is $22 million, an improvement of almost $9 million compared to last year.
Adjusted EBITDA Growth
Adjusted EBITDA increased to 16.5% this quarter, showing an improvement of approximately 470 basis points compared to the prior year.
Successful Integration of Viewgol
Steady progress on Viewgol integration, with over 30% of CBO and EBO customers now supported by the team in India.
nTrust Solution Traction
nTrust solution customer count increased to 78 clients, up nearly 30% year-over-year.
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TBRG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TBRG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $13.57 | $13.55 | -0.15% |
| Aug 08, 2024 | $10.10 | $12.57 | +24.46% |
| May 10, 2024 | $8.41 | $8.77 | +4.28% |
| Feb 29, 2024 | $8.86 | $9.19 | +3.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does TruBridge (TBRG) report earnings?
TruBridge (TBRG) is schdueled to report earning on Feb 18, 2025, TBA Not Confirmed.
What is TruBridge (TBRG) earnings time?
TruBridge (TBRG) earnings time is at Feb 18, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TBRG EPS forecast?
TBRG EPS forecast for the fiscal quarter 2024 (Q4) is -0.03.
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