Brief: Mtbc Reports Record First Quarter 2020 Revenue

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14/05/2020 12:33

May 14 (Reuters) - MTBC Inc  MTBC.O :
    * MTBC REPORTS RECORD FIRST QUARTER 2020 REVENUE
    * Q1 REVENUE $21.9 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$20.9
MILLION
    * Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.03
    * Q1 GAAP LOSS PER SHARE $0.42
    * SEES FY 2020 REVENUE ABOUT $100 MILLION TO $102 MILLION
    * SEES FY 2020 REVENUE UP 55 TO 58 PERCENT
    * Q1 EARNINGS PER SHARE ESTIMATE $-0.64 -- REFINITIV IBES
DATA
    * NOW PLANNING FOR LOWER REVENUES IN Q2 THAN WE REPORTED IN
Q1
BASED ON LOWER PATIENT VISITS NATIONWIDE
    * ANTICIPATES FULL YEAR 2020 REVENUE OF APPROXIMATELY $100
TO $102
MILLION
    * FY2020 REVENUE VIEW $96.5 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX87cfHq 
Further company coverage:  MTBC.O 

 ((Reuters.Briefs@thomsonreuters.com;))