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Jun 30, 2022
NRC Q2 2022 Earnings Report
NRC Health's financial performance for Q2 2022 was announced, revealing a slight revenue increase but a decrease in operating income.
Key Takeaways
NRC Health reported a 2% increase in revenue to $37.3 million, while operating income decreased by 6% to $11.5 million compared to the same quarter in the previous year. The company is focusing on organic growth and innovation initiatives.
Revenue increased by 2% to $37.3 million compared to Q2 2021.
Operating income decreased by 6% to $11.5 million compared to Q2 2021.
The first official contract was secured for the Human Understanding Program with Novant Health.
The company increased resource allocation for innovation initiatives, marketing, and associate retention.
Forward Guidance
Forward-looking statements are based on current beliefs and expectations and are subject to risks and uncertainties.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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