Brief: Mtbc Provides Investor Update On 2020 Guidance

Carecloud

10/12/2020 14:39

MTBC Inc  MTBC.O :
    * MTBC PROVIDES INVESTOR UPDATE ON 2020 GUIDANCE
    * SEES FY 2020 REVENUE $104 MILLION TO $106 MILLION
    * REMAIN ON TRACK TO EXIT 2020 WITH ANNUALIZED REVENUE OF
APPROXIMATELY $130 MILLION AND ANNUALIZED ADJUSTED EBITDA OF
APPROXIMATELY $24 MILLION
    * EXPECTS ADJUSTED EBITDA TO BE $10 TO $12 MILLION FOR FULL
YEAR
2020
    * MTBC'S LONG-TERM OUTLOOK REMAINS UNCHANGED
    * FY2020 REVENUE VIEW $106.5 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX1VZ5SM 
Further company coverage:  MTBC.O