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Somerset Newswire

Somerset Newswire

Comprehensive Real-Time News Feed for Somerset, NJ.

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  1. MTBC Reports Third Quarter 2017 ResultsRead the original story w/Photo

    Nov 6, 2017 | GlobeNewswire

    GAAP net loss of $980,000 for third quarter 2017, an improvement of $714,000 or 42% from second quarter Adjusted EBITDA of $609,000 for the quarter, a $141,000 improvement from second quarter 2017 and our highest quarter ever GAAP operating loss of $275,000 for the quarter, an improvement of $1.1 million or 80% from second quarter Non-GAAP adjusted operating income of $356,000 for the quarter, a 138% increase from second quarter and our highest quarter as a public company SOMERSET, N.J., Nov. 06, 2017 -- Medical Transcription Billing, Corp. , a leading provider of proprietary, cloud-based healthcare IT solutions and services, today announced financial and operational results for the first nine months of 2017.

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