TruBridge Inc reports results for the quarter ended June 30 - Earnings Summary

• TruBridge Inc TBRG.OQ reported quarterly adjusted earnings of 54 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 16 cents. The mean expectation of four analysts for the quarter was for earnings of 24 cents per share. Wall Street expected results to range from 2 cents to 37 cents per share.

• Revenue rose 1.2% to $85.73 million from a year ago; analysts expected $86.91 million.

• TruBridge Inc's reported EPS for the quarter was 17 cents​.

• The company reported quarterly net income of $2.58 million.

• TruBridge Inc shares had fallen by 9.5% this quarter and gained 7.5% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the advanced medical equipment & technology peer group is also "buy"

• Wall Street's median 12-month price target for TruBridge Inc is $28.50, about 25.6% above its last closing price of $21.19

This summary was machine generated from LSEG data August 8 at 06:06 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)