TruBridge reports Q1 adjusted EPS 36c, consensus 29c

Reports Q1 revenue $87.2M, consensus $86.21M. Commenting on the results, Chris Fowler, chief executive officer of TruBridge (TBRG), Inc., stated, “We are pleased to report that we are off to a strong start for 2025, delivering first quarter results that exceeded our expectations, and making progress on several fronts. We saw positive trends in bookings, including two wins in Financial Health that represented significant expansion of scope based on our performance and a competitor displacement in Patient Care. In the quarter, we also took steps to increase transparency by introducing our new method for reporting bookings, which now focuses on annual contract value as opposed to total contract value, and we paid down additional debt, bringing our leverage ratio to 2.4x.”