BioTelemetry (BEAT) Tops Q3 EPS by 7c
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BioTelemetry, Inc. Reports Third Quarter 2020 Financial Results
October 29, 2020 4:05 PM UTCMALVERN, Pa., Oct. 29, 2020 (GLOBE NEWSWIRE) -- BioTelemetry, Inc. (NASDAQ: BEAT), the leading remote medical technology company focused on the delivery of health information to improve quality of life and reduce cost of care, today reported results for the quarter ended September 30, 2020.
Quarter Highlights
Recognized quarterly total revenue of $114.7 millionReached 3.0% year-over-year quarterly revenue growth, despite the impact of COVID-19Reported quarterly GAAP net income of $6.7 million, or 5.9% of total revenueRealized quarterly adjusted EBITDA of $30.6 million, or 26.7% of total revenueAcquired Remote Patient Monitoring... More