Inovalon Reports Second 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
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Source: GlobeNewswire
Second Quarter 2018 Highlights Second quarter revenue of $152.8 millionSecond quarter net loss of $10.5 million, resulting in net loss of $0.07 per shareSecond quarter Non-GAAP net income of $19.3 million, resulting in Non-GAAP net income of $0.13 per shareSecond quarter Adjusted EBITDA of $52.8 million, resulting in Adjusted EBITDA margin of 34.6%Reaffirming full-year 2018 revenue, increasing Adjusted EBITDA and Non-GAAP EPS, and updating other guidance Please refer to our Second Quarter 2018 Earnings Presentation Supplement available at http://investors.inovalon.com for additional information, including slides pertaining to new Platform offerings, financial details, and other matters that will be referenced during the Company’s conference call. BOWIE, Md., Aug. 01, 2018 (GLOBE NEWSWIRE) -- Inovalon (Nasdaq: INOV), a leading technology company providing advanced, cloud-based platforms empowering data-driven healthcare, today announced financial results for the second quarter of
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