Brief: MTBC Sees FY 2020 Revenue Up About 65%

Carecloud

07/07/2020 14:19

July 7 (Reuters) - MTBC Inc  MTBC.O :
    * INCREASES 2020 REVENUE GUIDANCE
    * SEES FY 2020 REVENUE UP ABOUT 65 PERCENT
    * SEES FY 2020 REVENUE $105 MILLION TO $107 MILLION
    * EXPECT ANNUALIZED REVENUE OF APPROXIMATELY $130 - $135
MILLION
DURING SECOND HALF OF 2020
    * REAFFIRMING ITS 2020 ADJUSTED EBITDA GUIDANCE OF $12 - $
13
MILLION
    * MTBC - EXPECT TO ACHIEVE ABOUT $24 - 25 MILLION OF
ANNUALIZED
ADJUSTED EBITDA DURING SECOND HALF OF 2020

Source text for Eikon:  ID:nGNX3xgZpv 
Further company coverage:  MTBC.O 

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