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Jun 30, 2020

TruBridge Q2 2020 Earnings Report

Second quarter results for 2020 were announced, including revenue of $59.5 million and GAAP net income of $1.8 million.

Key Takeaways

CPSI announced second quarter results with revenues of $59.5 million, GAAP net income of $1.8 million, and non-GAAP net income of $5.5 million. Bookings were $20.0 million, and cash provided by operations was $17.2 million.

Revenues of $59.5 million

GAAP net income of $1.8 million and non-GAAP net income of $5.5 million

GAAP earnings per diluted share of $0.12 and non-GAAP earnings per diluted share of $0.39

Cash provided by operations of $17.2 million

Total Revenue
$59.5M
Previous year: $66.2M
-10.0%
EPS
$0.39
Previous year: $0.5
-22.0%
Gross Profit
$30.1M
Previous year: $34.5M
-12.8%
Cash and Equivalents
$18.7M
Previous year: $6.85M
+172.6%
Free Cash Flow
$16.3M
Previous year: $9.02M
+81.0%
Total Assets
$340M
Previous year: $345M
-1.4%

TruBridge

TruBridge