NASDAQ$NRC

NRC Health · Q2 2024 earnings

Q2 2024 earnings · · Investor relations

Briefing

Reported second quarter results with revenue slightly decreasing compared to the previous year.

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.

Headline financials

Total Revenue

$35M

Previous: $36.2M-3.2%
EPS

$0.26

Previous: $0.29-10.3%
Capital Expenditures

-$9.41M

Previous: -$7.54M-24.8%
Free Cash Flow

-$3.23M

Previous: -$266K-1115.4%
Net Income

$6.18M

Previous: $7.27M-15.1%
Operating Income

$8.87M

Previous: $9.37M-5.3%
Gross Profit

-$13.4M

Previous: -$13.3M-0.8%
Cash & Equivalents

$485K

Previous: $22.5M-97.8%
Total Assets

$119M

Previous: $134M-10.9%
Stock-Based Comp

-$57K

Previous: $305K-118.7%

Revenue & EPS history

NRC · Revenue · Quarterly

$35M

Q2 2024-3.2%vs Q2 2023

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

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2024

Historical avgQ2 2024

-0.9%

Avg return

Earnings day

-0.9%

Avg return

5 days after

-0.3%

Avg return

30 days after

54%

28 / 52 earnings

Positive

+16.1%

Q3 2025

Best reaction

-19.9%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.6%+7.9%+16.0%
Q4 2025-19.9%-27.2%-35.9%
Q3 2025+16.1%+17.0%+51.2%
Q2 2025+2.1%+4.8%+6.7%
Q1 2025+7.0%+7.6%+20.2%
Q4 2024-11.9%-11.0%-22.6%
Q3 2024+2.6%-2.1%+4.5%
Q2 2024-11.7%-9.3%-7.2%
Q1 2024-15.3%-11.6%-23.7%
Q4 2023+2.2%+0.6%+1.7%
Q3 2023-1.9%-0.3%-1.1%
Q2 2023+2.2%-0.4%-2.6%
Q1 2023-8.3%-5.2%-1.2%
Q4 2022+4.8%+5.3%-1.8%
Q3 2022-13.5%-8.3%-3.5%
Q2 2022-4.1%-7.4%-12.8%
Q1 2022-5.3%-3.6%+5.0%
Q4 2021-1.5%-4.5%-4.7%
Q3 2021+6.7%+6.7%-8.1%
Q2 2021-0.8%-0.2%+1.6%
Q1 2021-10.2%-5.1%-7.0%
Q4 2020-0.7%-3.9%+0.3%
Q3 2020+1.8%-0.1%-7.8%
Q2 2020-4.1%-1.0%-3.0%
Q1 2020+4.6%+10.3%+12.7%
Q4 2019+0.3%+1.8%-36.0%
Q3 2019-0.4%+0.2%+7.5%
Q2 2019+3.0%+2.6%+1.0%
Q1 2019+7.1%+13.1%+26.5%
Q4 2018+0.6%+2.7%+0.2%
Q3 2018+3.5%+2.4%+4.8%
Q2 2018-0.3%-0.3%+2.4%
Q1 2018+7.3%+5.5%+5.4%
Q4 2017-7.4%-7.9%-9.7%
Q3 2017-10.1%-11.5%-7.7%
Q2 2017+0.9%+1.7%+9.9%
Q1 2017+0.8%-3.4%-3.0%
Q4 2016-3.0%-4.9%+0.5%
Q3 2016-4.6%-1.0%+5.2%
Q2 2016+0.3%+2.3%+2.2%
Q1 2016+2.0%
Q4 2015+0.6%
Q3 2015+1.5%
Q2 2015-2.4%
Q1 2015+1.3%
Q4 2014-0.8%
Q3 2014+0.9%
Q2 2014+3.8%
Q1 2014+3.9%
Q4 2013+5.1%
Q3 2013+1.0%
Q2 2013-1.2%
Q1 2013
Q4 2012
Q2 2010
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q1 2011
Q3 2011
Q3 2010
Q4 2009
Q2 2011
Q4 2010
Q1 2010

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