Inovalon (INOV) Tops Q1 EPS by 3c, Offers FY Guidance
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Inovalon Reports First Quarter 2019 Results
May 1, 2019 4:10 PM EDTFirst Quarter 2019 Highlights
Q1 revenue of $145.5 million, up 57% year-over-yearQ1 net loss of $8.3 million, resulting in net loss of $0.06 per shareQ1 Non-GAAP net income of $14.7 million, resulting in Non-GAAP net income of $0.10 per shareQ1 Adjusted EBITDA of $44.5 million, up 466% year-over-yearQ1 Adjusted EBITDA margin of 30.6%, up 2,210 basis points year-over-yearQ1 ACV1 signed, excluding ABILITY and Services, of $19.6 million, up 216% year-over-yearPlease refer to our First Quarter 2019 Earnings Presentation Supplement available at... More
