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Jun 30, 2021
TruBridge Q2 2021 Earnings Report
CPSI's second quarter results for 2021 were announced, featuring revenue growth and increased profitability driven by TruBridge's strong performance and the acquisition of TruCode LLC.
Key Takeaways
CPSI reported a strong second quarter in 2021, marked by revenue of $68.5 million, GAAP net income of $6.1 million, and non-GAAP net income of $10.8 million. The company's performance was driven by TruBridge's revenue growth and margin results, as well as improved operational efficiencies.
Revenues reached $68.5 million.
GAAP net income was $6.1 million, and non-GAAP net income was $10.8 million.
GAAP earnings per diluted share were $0.42, and non-GAAP earnings per diluted share were $0.75.
TruBridge's revenue increased by 31.2% compared to the second quarter of 2020.