NASDAQ$TBRG

TruBridge Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

CPSI reported solid financial results driven by the continued execution of their transformative growth strategy and the recent acquisition of Healthcare Resource Group, Inc.

CPSI announced its Q1 2022 results, with revenues of $77.9 million, a GAAP net income of $8.1 million ($0.55 per diluted share), and a non-GAAP net income of $11.6 million ($0.81 per diluted share). The company's adjusted EBITDA stood at $16.2 million, with bookings reaching $20.4 million and cash provided by operations amounting to $11.8 million.

  • Revenues reached $77.9 million.
  • GAAP net income was $8.1 million, or $0.55 per diluted share.
  • Non-GAAP net income was $11.6 million, or $0.81 per diluted share.
  • Bookings totaled $20.4 million.

Headline financials

Total Revenue

$77.9M

Previous: $68M+14.5%
EPS (adj)

$0.81

Previous: $0.64+26.6%
Cash from Operations

$11.8M

No prior period
Capital Expenditures

-$27K

Previous: -$493K+94.5%
Free Cash Flow

$8.09M

Previous: $3.65M+121.5%
Net Income

$8.11M

Previous: $4.14M+95.8%
Operating Income

$8.99M

Previous: $4.91M+82.9%
Gross Profit

$39.8M

Previous: $34.9M+14.2%
Cash & Equivalents

$16M

Previous: $18M-11.3%
Total Assets

$440M

Previous: $331M+32.9%
Stock-Based Comp

$1.72M

Previous: $1.03M+66.1%

Revenue & EPS history

TruBridge · Revenue · Quarterly

$77.9M

Q1 2022+14.5%vs Q1 2021
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Forward guidance

CPSI is excited about the organic growth potential of TruBridge and their ability to accelerate that growth with the right mix of M&A execution.

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 2022

Historical avgQ1 2022

-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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