Tabula Rasa Healthcare: Q2 Earnings Snapshot
MOORESTOWN, N.J. (AP) — MOORESTOWN, N.J. (AP) — Tabula Rasa Healthcare Inc. (TRHC) on Monday reported a loss of $9.9 million in its second quarter.
On a per-share basis, the Moorestown, New Jersey-based company said it had a loss of 38 cents. Earnings, adjusted for one-time gains and costs, were 5 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The developer of health care software posted revenue of $90 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $88.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRHC at https://www.zacks.com/ap/TRHC