NRC Health Q2 revenue rises on the back of product innovation
NRC Health Q2 revenue rises on the back of product innovation
Overview
Healthcare experience solutions firm's Q2 revenue rose 4% yr/yr to $35.4 mln
Adjusted EPS for Q2 was $0.31, with GAAP net loss reflecting stock and bonus costs
Total recurring contract value grew 11% yr/yr to $151.9 mln
Outlook
Company expects strong second half 2026 based on recent bookings performance
NRC Health sees rising demand for healthcare experience improvement and governance solutions
Result Drivers
TRCV GROWTH - Double-digit increase in total recurring contract value, which management views as a leading indicator for future revenue
SALES AND DELIVERY EXECUTION - CEO cited strong go-to-market and solutions delivery execution as contributing to Q2 performance
PRODUCT INNOVATION - Ongoing commercialization of product innovations contributed to quarterly performance, according to CEO
Company press release: ID:nBw2r2b3Da
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q2 Revenue | Beat | $35.39 mln | $34.90 mln (1 Analyst) |
Q2 Adjusted EPS | Beat | $0.31 | $0.14 (1 Analyst) |
Q2 Net Loss |
| $3.28 mln |
|
Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the advertising & marketing peer group is "buy"
Wall Street's median 12-month price target for NRC Health is $23.00, about 8.1% above its July 27 closing price of $21.27
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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