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

Trubridge

10/05/2024 16:16

* TruBridge Inc  TBRG.OQ  reported quarterly adjusted
earnings of
19 cents​​ per share for the quarter ended in March, lower than
the same quarter last year, when the company reported EPS of 58
cents.  The mean expectation of five analysts for the quarter
was for earnings of 15 cents per share. Wall Street expected
results to range from 5 cents to 22 cents per share.
    * Revenue fell 3.5% to $83.25 million from a year ago;
analysts
expected $83.01 million. 
    * TruBridge Inc's reported EPS for the quarter was a loss
of 17
cents​.
    * The company reported a quarterly loss of $2.52 million.
    * TruBridge Inc shares had fallen by 8.8% this quarter and
lost 24.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 65.5%
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
$12.00 
This summary was machine generated from LSEG data May 10 at
03:15 p.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
 Mar. 31 2024      0.15           0.19           Beat
 Dec. 31 2023      0.35           0.36           Beat
 Sep. 30 2023      0.42           0.45           Beat
 Jun. 30 2023      0.58           0.40           Missed