NASDAQ$TBRG
TruBridge Inc · Q2 2024 earnings
Q2 2024 earnings · · Investor relations
Briefing
Reported financial results for the second quarter of 2024.
TruBridge announced solid second-quarter results, with total revenue increasing slightly to $84.7 million and RCM revenue growing to $54.1 million. The company reported a GAAP loss per share of $(0.34) but a non-GAAP EPS of $0.16. Adjusted EBITDA was $12.6 million. The company reiterated its full-year guidance.
- Total bookings increased to $23.3 million compared to $21.0 million.
- Total revenue reached $84.7 million, slightly up from $84.6 million.
- Revenue Cycle Management (RCM) revenue grew to $54.1 million, representing 63.9% of total revenue.
- Non-GAAP earnings per diluted share were $0.16, compared to $0.40 in the prior year.
Headline financials
Revenue & EPS history
TruBridge · Revenue · Quarterly
$84.7M
Forward guidance
TruBridge expects to generate total revenue between $82 million and $85 million and adjusted EBITDA between $11.5 million and $13.5 million for the third quarter of 2024. The company reiterates its prior outlook for the full year 2024, expecting total revenue between $330 million and $340 million and adjusted EBITDA between $45 million and $50 million.
Tailwinds
- Total revenue between $82 million and $85 million for Q3 2024.
- Adjusted EBITDA between $11.5 million and $13.5 million for Q3 2024.
- Total revenue between $330 million and $340 million for full year 2024.
- Adjusted EBITDA between $45 million and $50 million for full year 2024.
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
-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
| Quarter | Report date | Reaction (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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