Brief: MTBC Sees FY 2020 Revenue Up About 65%

Carecloud

27/07/2020 14:22

July 27 (Reuters) - MTBC Inc  MTBC.O :
    * MTBC PROVIDES 1H 2020 UPDATE AND DISCUSSES FULL-YEAR
OUTLOOK
    * SEES FY 2020 REVENUE $105 MILLION TO $107 MILLION
    * SEES FY 2020 REVENUE UP ABOUT 65 PERCENT
    * ON TRACK TO GENERATE $130 MILLION TO 135 MILLION IN
REVENUE
DURING H2 2020
    * ON TRACK TO GENERATE $24 TO 25 MILLION IN ADJUSTED EBITDA,
ON AN
ANNUALIZED BASIS, DURING H2
    * INCREASED FULL-YEAR 2020 REVENUE GUIDANCE TO $105 MILLION
TO 107
MILLION

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

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