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Jun 30, 2024
NRC Q2 2024 Earnings Report
Reported second quarter results with revenue slightly decreasing compared to the previous year.
Key Takeaways
NRC Health announced its second quarter 2024 results, with revenue of approximately $35 million and earnings per diluted share of $0.26. The company also completed an amendment to its credit agreement and acquired NOBL Health.
Revenue for the quarter was approximately $35 million, compared to $36 million in the same quarter of 2023.
Earnings per diluted share were $0.26, down from $0.29 in the second quarter of 2023.
Net indebtedness was approximately $42 million as of June 30, 2024.
Total recurring contract value (TRCV) was approximately $138 million at June 30, 2024.
Forward Guidance
The company has elected to include strategic updates normally discussed in earning calls to a broader group of current and potential stockholders via its quarterly earnings releases.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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