TruBridge Inc reports results for the quarter ended in June - Earnings Summary

Trubridge

09/08/2024 06:20

* TruBridge Inc  TBRG.OQ  reported quarterly adjusted
earnings of
16 cents​​ per share for the quarter ended in June, lower than
the same quarter last year, when the company reported EPS of 40
cents.  The mean expectation of five analysts for the quarter
was for earnings of 17 cents per share. Wall Street expected
results to range from 14 cents to 19 cents per share.
    * Revenue rose 0.1% to $84.73 million from a year ago;
analysts
expected $82.31 million. 
    * TruBridge Inc's reported EPS for the quarter was a loss
of 34
cents​.
    * The company reported a quarterly loss of $5.05 million.
    * TruBridge Inc shares had fallen by 1.7% this quarter and
lost 12.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the advanced
medical
equipment & technology peer group is also "hold"

Wall Street's median 12-month price target for TruBridge Inc is
$11.00 
This summary was machine generated from LSEG data August 9 at
05:20 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.17           0.16           Missed
 Mar. 31 2024      0.15           0.19           Beat
 Dec. 31 2023      0.35           0.36           Beat
 Sep. 30 2023      0.42           0.45           Beat