Strong Revenue Growth
Revenue was $115.9 million, an increase of 15% year-over-year.
Increased EBITDA
Adjusted EBITDA was $20.8 million, an increase of 16.7% year-over-year with an adjusted EBITDA margin of 18%.
Positive Cash Flow
Operating cash flow remained positive at $14.9 million, up $15.6 million year-over-year. Free cash flow also stayed positive at $7.5 million, up $13.7 million year-over-year.
Updated EBITDA Outlook
The company updated its adjusted EBITDA outlook for fiscal year 2026 to a range of $85 million to $90 million, an increase of $4.5 million from the prior guidance midpoint.
Growth in Healthcare Services Clients
The company ended the quarter with average healthcare services clients of 4,411, an increase of 70 from the prior quarter and 346 from the prior year.