CRH Medical Corporation Announces 2019 Second Quarter Results
CRH MEDICAL CORP (CRHM)
NASDAQ:AMEX Investor Relations:
investors.crhsystem.com
Company Research
Source: PR Newswire
VANCOUVER, July 31, 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 June 30, 2019.Selected Second Quarter 2019 Financial Results (expressed in USD):Second Quarter Highlights:Total revenue: $30.5 million Operating income: $4.6 million, 15% operating income margin Adjusted operating EBITDA: $13.3 million, 44% adjusted operating EBITDA margin Net and comprehensive income – Shareholder: $1.6 million Adjusted operating EBITDA - Shareholder: $9.7 million Net cash provided by operating activities: $9.6 million Anesthesia patient cases: 84,656Dr. Tushar Ramani, Chief Executive Officer of CRH commented, "Our 2019 Q2 results show solid revenue and corresponding EBITDA growth, reflecting the hard work of our entire team at CRH. Further, we are pleased to report shareholder level EBITDA of $9.7 million for the quarter." Dr. Ramani added, "Executing on current initiati
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