R1 RCM (RCM) Tops Q4 EPS by 1c, Revenues Miss; Offers FY19 Revenue Mid-Point Guidance Above Consensus
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R1 RCM Reports Fourth Quarter and Full Year 2018 Results
February 22, 2019 6:30 AM ESTCHICAGO, Feb. 22, 2019 (GLOBE NEWSWIRE) -- R1 RCM Inc. (NASDAQ: RCM), a leading provider of technology-enabled revenue cycle management services to healthcare providers, today announced results for the three months and year ended December 31, 2018.
Fourth Quarter 2018 Results:
Revenue of $262.9 million, up $122.6 million and 87.4% compared to the same period last yearGAAP net loss of $5.7 million, compared to GAAP net loss of $40.2 million in the same period last yearAdjusted EBITDA of $27.1 million, up $21.4 million compared to the same period last yearFull Year 2018 Results:
Revenue of... More