TruBridge Inc reports results for the quarter ended in September 30 - Earnings Summary

Trubridge

08/11/2024 02:23

* TruBridge Inc  TBRG.OQ  reported a quarterly adjusted loss
of 21
cents​​ per share for the quarter ended September 30, lower than
the same quarter last year, when the company reported EPS of 45
cents.  The mean expectation of five analysts for the quarter
was for earnings of 27 cents per share. Wall Street expected
results to range from 14 cents to 52 cents per share.
    * Revenue rose 1.4% to $83.83 million from a year ago;
analysts
expected $82.87 million. 
    * TruBridge Inc's reported EPS for the quarter was a loss
of 66
cents​.
    * The company reported a quarterly loss of $9.81 million.
    * TruBridge Inc shares had risen by 8.8% this quarter and
gained 16.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 7.7%
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
$13.00 
This summary was machine generated from LSEG data November 8 at
02:22 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
 Sep. 30 2024      0.27           -0.21          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