MTBC, Inc. (NASDAQ:MTBC) healthcare information technology firm, is expected to report third quarter earnings results, before market open, on Monday 9th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.49 per share from revenue of $ 30.74 million.
Looking ahead, the full year loss are expected at $ 1.77 per share on the revenues of $ 106.33 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 105.00 million ~ $ 107.00 million
Click Here For More Historical Outlooks Of MTBC, Inc.
Previous Quarter Performance
MTBC, Inc. posted loss for the second quarter of $ 0.03 per share, from the revenue of $ 19.58 million. The consensus estimates are loss of $ 0.34 per share from $ 31.02 million in revenue. The bottom line results beat street analysts by $ 0.31 or 91.18 percent, at the same time, top line results fell short of analysts by $ 11.44 million or 36.88 percent.
Stock Performance
On Friday, shares of MTBC, Inc. has traded high as $ 8.88 and has cracked $ 8.28 on the downward trend, reaching $ 8.82 with volume of 123.90 thousand shares.
According to the previous trading day, closing price of $ 8.82, representing a 136.69 % increase from the 52 week low of $ 3.57 and a 36.94 % decrease over the 52 week high of $ 13.40.
The company has a market capital of $ 116.27 million and is part of the Technology sector and Health Information Services industry.
Conference Call
MTBC, Inc. will be hosting a conference call at 8:30 AM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.mtbc.com
MTBC, Inc., a healthcare information technology company, provides an integrated suite of Web-based solutions and related business services to healthcare providers primarily in the United States. The company operates through two segments, Healthcare IT and Practice Management. It primarily offers PracticePro, a software-as-a-service platform, which includes practice management software and related tools that facilitate the day-to-day business operation and workflows; electronic health record (EHR), which enables customers to reduce paperwork; revenue cycle management services, such as end-to-end medical billing, analytics, and related services; and mobile health solutions, including smartphone applications that assist patients and healthcare providers in the provision of healthcare services.
