NASDAQ$TBRG

TruBridge Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

CPSI's first quarter results for 2021 were announced, revealing a mix of financial outcomes and strategic progress.

CPSI reported Q1 2021 revenues of $68.0 million, a slight decrease from $69.8 million in the prior-year quarter. GAAP net income remained consistent at $4.1 million, with earnings per diluted share at $0.28. The company saw a rise in cash provided by operations to $13.7 million, alongside strategic moves including a headquarters relocation and new leadership appointments to foster innovation and growth.

  • Revenues reached $68.0 million, slightly down from the previous year's $69.8 million.
  • GAAP net income stayed consistent at $4.1 million, with EPS at $0.28 per diluted share.
  • Cash provided by operations increased to $13.7 million, compared to $7.6 million in the prior-year quarter.
  • Bookings were $8.7 million, reflecting pressure from the COVID-19 pandemic on customer priorities.

Headline financials

Total Revenue

$68M

Previous: $69.8M-2.5%
EPS (adj)

$0.64

Previous: $0.61+4.9%
Capital Expenditures

-$493K

Previous: -$2.12M+76.7%
Free Cash Flow

$3.65M

Previous: $1.97M+85.3%
Net Income

$4.14M

Previous: $4.09M+1.3%
Operating Income

$4.91M

Previous: $6.13M-19.9%
Gross Profit

$34.9M

Previous: $36.1M-3.5%
Cash & Equivalents

$18M

Previous: $4.28M+320.9%
Total Assets

$331M

Previous: $336M-1.4%
Stock-Based Comp

$1.03M

Previous: $2.36M-56.1%

Revenue & EPS history

TruBridge · Revenue · Quarterly

$68M

Q1 2021-2.5%vs Q1 2020
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Forward guidance

While the report does not contain specific forward guidance, it does outline that the company is focused on achieving annual bookings goal by year end.

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 Q1 2021

Historical avgQ1 2021

-1.2%

Avg return

Earnings day

+0.9%

Avg return

5 days after

+1.7%

Avg return

30 days after

44%

28 / 64 earnings

Positive

+27.3%

Q2 2024

Best reaction

-29.8%

Q2 2016

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.2%+0.2%+1.0%
Q4 2025+0.5%+17.1%+76.1%
Q3 2025+0.8%+5.0%+19.6%
Q1 2025-2.0%-2.2%-6.6%
Q4 2024+7.6%-1.6%-10.3%
Q3 2024+3.9%+20.1%+40.8%
Q2 2024+27.3%+27.5%+25.3%
Q1 2024+5.3%+6.4%+13.7%
Q4 2023+3.3%-10.4%+3.6%
Q3 2023-13.4%-18.0%-22.8%
Q2 2023-21.2%-24.6%-45.0%
Q1 2023-8.2%-7.2%-3.6%
Q4 2022+1.2%+6.1%-2.4%
Q3 2022-19.7%-15.9%-9.3%
Q2 2022-12.3%-8.0%-10.1%
Q1 2022+0.3%-1.0%+2.1%
Q4 2021+5.4%+6.6%+20.6%
Q3 2021-9.0%-13.3%-19.6%
Q2 2021+7.1%+7.9%+12.2%
Q1 2021-3.1%+3.7%+7.5%
Q4 2020-5.0%-12.3%-4.6%
Q3 2020-0.2%+8.0%+1.1%
Q2 2020+10.4%+6.9%+2.0%
Q1 2020-11.9%+3.0%+1.5%
Q4 2019+21.2%+15.3%-18.5%
Q3 2019+15.5%+15.2%+12.5%
Q2 2019-12.0%-7.4%-14.9%
Q1 2019-11.3%-5.8%-14.7%
Q4 2018+14.9%+14.5%+2.6%
Q3 2018+7.6%+12.2%+6.7%
Q2 2018-14.8%-12.3%-11.9%
Q1 2018-1.0%+2.7%+8.6%
Q4 2017+3.9%+3.4%+2.7%
Q3 2017-1.9%-2.4%+1.7%
Q2 2017+5.1%+1.2%-1.2%
Q1 2017+11.5%+17.5%+28.6%
Q4 2016+18.4%+14.7%+15.1%
Q3 2016-10.7%-11.2%-7.2%
Q2 2016-29.8%-27.1%-35.1%
Q1 2016-8.9%
Q4 2015+8.0%
Q3 2015-15.1%
Q2 2015-11.8%
Q1 2015+2.2%
Q4 2014-15.5%
Q3 2014-1.4%
Q2 2014-6.4%
Q1 2014-2.9%
Q4 2013+17.1%
Q3 2013+3.1%
Q2 2013+3.9%
Q1 2013-3.9%
Q4 2012-8.7%
Q3 2012-5.9%
Q2 2012+3.7%
Q1 2011-2.8%
Q1 2012+1.2%
Q4 2009-2.5%
Q4 2011-2.5%
Q3 2010-3.1%
Q3 2011-3.1%
Q2 2011-2.6%
Q2 2010-2.6%
Q4 2010-2.6%

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