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Sep 30, 2022
TruBridge Q3 2022 Earnings Report
Reported an increase in revenue and net income compared to the prior-year quarter, driven by the acquisition of Healthcare Resource Group, Inc. and strong cross-selling traction in the TruBridge segment.
Key Takeaways
CPSI announced its Q3 2022 results, with revenues of $82.8 million, a GAAP net income of $2.2 million ($0.15 per diluted share), and a non-GAAP net income of $8.2 million ($0.57 per diluted share). The company's revenue increased by 18% year-over-year, primarily due to the acquisition of Healthcare Resource Group, Inc.
Revenues reached $82.8 million.
GAAP net income was $2.2 million.
Non-GAAP net income totaled $8.2 million.
Cash provided by operations amounted to $11.1 million.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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