TruBridge Inc Stock Price, News & Analysis

TruBridge (NASDAQ:TBRG) has announced the integration of Microsoft Dragon Copilot with its electronic health record (EHR) solution, marking a significant advancement in their collaboration with Microsoft. The integration will provide advanced speech recognition and AI capabilities to over 18,000 TruBridge users, focusing on improving care delivery, financial stability, and operational efficiency for hospitals and health systems nationwide.

This development builds upon TruBridge's participation in the Trustworthy & Responsible AI Network (TRAIN), a partnership announced with Microsoft and healthcare providers like Cleveland Clinic at HIMSS 2024. The integration aims to particularly benefit community and rural healthcare settings, demonstrating TruBridge's commitment to equitable healthcare technology.

TruBridge (NASDAQ: TBRG) announced its upcoming participation in the RBC Global Healthcare Conference scheduled for May 20-21, 2025, in New York. The company's presentation will feature a fireside chat with President and CEO Chris Fowler and CFO Vinay Bassi on May 21 at 1:30 p.m. Eastern Time. Investors can access the live audio webcast through the investor relations section of TruBridge's website at www.trubridge.com.

TruBridge (NASDAQ: TBRG) reported strong Q1 2025 financial results with notable improvements across key metrics. Total revenue increased to $87.2 million from $84.1 million year-over-year, with recurring revenue accounting for 94% of total revenue. The company's Financial Health segment generated $56.1 million in revenue, representing 64% of total revenue.

The company achieved a GAAP net income of $0.5 million, improving from a $1.9 million loss in Q1 2024. Non-GAAP net income rose to $5.2 million, and Adjusted EBITDA significantly increased to $18.2 million from $10.3 million. The company also reduced its leverage ratio to 2.4x through debt reduction.

For Q2 2025, TruBridge projects revenue of $85.5-87.5 million and Adjusted EBITDA of $12.5-14.5 million. The full-year 2025 guidance maintains revenue expectations of $345-360 million, with slightly improved Adjusted EBITDA guidance of $60-66 million.

TruBridge (NASDAQ: TBRG) has scheduled its Q1 2025 earnings conference call for Wednesday, May 7, 2025, following the market close. The healthcare solutions company will discuss financial results for the quarter ended March 31, 2025. The interactive teleconference will begin at 3:30 PM Central Time (4:30 PM Eastern) and can be accessed by dialing (888) 396-8049. Investors can also join via live broadcast on www.trubridge.com, with a 30-day replay available shortly after the call concludes.

TruBridge (NASDAQ: TBRG) has announced its upcoming participation in the KeyBanc Capital Markets Healthcare Forum, scheduled for March 18-19, 2025. The virtual event will feature a fireside chat presentation by the company's President and CEO Chris Fowler, alongside CFO Vinay Bassi, on March 19, 2025, at 3:45 p.m. Eastern Time. Investors can access the live audio webcast through the investor relations section of TruBridge's website.

TruBridge (NASDAQ: TBRG) reported its Q4 and full-year 2024 financial results. The company achieved full-year revenue of $339.2 million and Q4 revenue of $87.4 million. Despite posting a net loss of $23.1 million for 2024, the company reported improved Adjusted EBITDA of $53.1 million, up from $47.6 million in 2023.

Key 2024 achievements include reducing leverage ratio from 4x to 3x, achieving $82.1 million in total bookings, and transitioning 30% of Financial Health CBO clients offshore. Financial Health revenue grew to $216.1 million, representing 63.7% of total revenue.

For 2025, TruBridge projects revenue between $345-360 million and Adjusted EBITDA of $59-66 million. Q1 2025 guidance estimates revenue of $85-88 million with Adjusted EBITDA between $14-16 million.

TruBridge (NASDAQ: TBRG), a healthcare solutions company, has scheduled its Fourth Quarter and Year-End 2024 financial results announcement for Monday, March 10, 2025, after market close. The company will host an interactive conference call at 3:30 PM Central Time (4:30 PM Eastern Time) on the same day.

Investors can join the earnings call by dialing (877) 407-0890 and requesting the TruBridge earnings conference connection. Additionally, a live broadcast will be available on the company's website at www.trubridge.com. A 30-day replay of the conference call will be accessible approximately one hour after the live broadcast concludes.

TruBridge (NASDAQ: TBRG) has been selected as a preferred partner by Cibolo Health to provide revenue cycle management (RCM) technology and services to rural healthcare organizations. The partnership will extend TruBridge's HFMA Peer Reviewed® RCM solutions to members of Cibolo's rural clinically integrated networks (CINs).

The comprehensive RCM solutions include billing, claims management, contract management, denial management, medical claims clearinghouse, patient access, and revenue cycle analysis. With 45 years of expertise, TruBridge offers customizable solutions specifically designed for rural healthcare organizations' financial challenges.

Cibolo CFO Brett Norell emphasized that TruBridge's solutions address the financial challenges faced by rural healthcare organizations, while TruBridge's Financial Health General Manager Merideth Wilson highlighted their focus on supporting community-driven healthcare organizations.

TruBridge (NASDAQ: TBRG) has announced significant board changes and corporate governance initiatives through cooperation agreements with its two largest investors, Pinetree Capital and Ocho Investments. Jerry Canada, former Group President of Harris Computer, and Dris Upitis, Head of Ocho Investments, will join the Board as independent directors effective February 11, 2025.

The Board will expand from seven to nine directors, with seven being independent. The company will propose declassifying the Board at the 2025 Annual Meeting, potentially leading to annual elections for all directors by 2026. Additionally, TruBridge will terminate its stockholder rights plan on February 12, 2025.

Both Pinetree and Ocho have agreed to standstill and voting provisions, along with information-sharing agreements to maintain dialogue with the company. These changes aim to enhance operational effectiveness and support long-term strategy execution.