CRH Medical Corporation Announces 2019 First Quarter Results
CRH MEDICAL CORP (CRHM)
NASDAQ:AMEX Investor Relations:
investors.crhsystem.com
Company Research
Source: PR Newswire
Total Revenue Grows 18% Compared to Q1 2018 VANCOUVER, May 1, 2019 /PRNewswire/ - CRH Medical Corporation (TSX: CRH) (NYSE MKT: CRHM) ("CRH" or the "Company"), today announced its financial and operating results for the three months ended March 31, 2019.Selected First Quarter 2019 Financial Results (expressed in USD):First Quarter Highlights:Total revenue: $29.1 million Operating income: $3.8 million, 13% operating income margin Adjusted operating EBITDA: $13.1 million, 45% adjusted operating EBITDA margin Net and comprehensive loss – Shareholder: $(0.1) million Adjusted operating EBITDA - Shareholder: $8.8 million Net cash provided by operating activities: $12.4 million Anesthesia patient cases: 77,501Dr. Tushar Ramani, Chief Executive Officer of CRH commented, "We are very pleased with our 2019 Q1 results. Steady double digit revenue growth coupled with shareholder adjusted operating EBITDA of $8.8 million for the quarter show that our model continues to deliver on its potential a
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