Strong Revenue Growth
Revenue for Q3 was $106.8 million, representing a 17% increase year-over-year.
Improved Profitability Metrics
Adjusted EBITDA was $9.8 million, up by $16.4 million year-over-year, with an EBITDA margin of 9%.
Positive Cash Flow Growth
Positive operating cash flow of $5.8 million and free cash flow of $1.6 million, both showing significant year-over-year improvements.
Fiscal 2026 Outlook
Revenue expected to increase by 13% to 15%, with adjusted EBITDA expected to grow by 129% to 144% compared to fiscal 2025.
Increased Client Base
The average healthcare services clients (AHSCs) increased by 68 from the prior quarter, with total revenue per AHSC up by 1% year-over-year.