TruBridge Q2 2024 Adj. EPS $0.16 Misses $0.17 Estimate, Sales $84.730M Beat $82.315M Estimate
Portfolio Pulse from Benzinga Newsdesk
TruBridge (NASDAQ:TBRG) reported Q2 2024 earnings per share (EPS) of $0.16, missing the analyst estimate of $0.17 by 5.88%. However, the company beat sales estimates with $84.730 million, a slight increase from the previous year.
August 08, 2024 | 8:18 pm
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NEGATIVE IMPACT
TruBridge reported Q2 2024 EPS of $0.16, missing the $0.17 estimate, but sales of $84.730M beat the $82.315M estimate. EPS decreased 60% YoY, while sales increased slightly by 0.13%.
The miss on EPS, despite a slight beat on sales, and a significant YoY decrease in EPS, is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100