OPTIMIZERx Q3 revenue $21.6 million vs. IBES estimate $21.2 million
OPRX•OPTIMIZERx reported Q3 revenue of $21.6 million, adjusted EBITDA of $6.3 million and adjusted net income of $3.8 million, above IBES estimates. It forecast full-year revenue of $87 million to $93 million and adjusted EBITDA of $21 million to $25 million.
1. Quarterly results and outlook
OPTIMIZERx reported Q3 adjusted EBITDA of $6.3 million, compared with an IBES estimate of $4.1 million, and adjusted net income of $3.8 million, versus an estimate of $3.21 million. The company forecast full-year revenue of $87 million to $93 million and adjusted EBITDA of $21 million to $25 million.
