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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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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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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