Inovalon Reports First Quarter 2018 Results
Inovalon Holdings, Inc. - Class A (INOV)
Last inovalon holdings, inc. - class a earnings: 4/29 04:10 pm
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US:NASDAQ Investor Relations:
investors.inovalon.com
Company Research
Source: GlobeNewswire
First Quarter 2018 Highlights First quarter revenue of $92.8 millionFirst quarter net loss of $16.8 million, resulting in net loss of $0.12 per shareFirst quarter Non-GAAP net loss of $5.0 million, resulting in Non-GAAP net loss of $0.04 per shareFirst quarter Adjusted EBITDA of $7.9 millionFirst quarter Adjusted EBITDA margin of 8.5%Reaffirming full-year revenue and Adjusted EBITDA guidance for 2018, updating for acquisition-financing interest expenses Please refer to our First Quarter 2018 Earnings Presentation Supplement available at http://investors.inovalon.com for additional information, including slides pertaining to the acquisition of ABILITY Network, Inovalon’s specialty pharmacy cloud offering, G&A expense normalization, capital spending normalization, guidance updates, and other matters that will be referenced during the Company’s conference call. BOWIE, Md., May 08, 2018 (GLOBE NEWSWIRE) -- Inovalon (Nasdaq:INOV), a leading technology company providing adv
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