Tabula Rasa Healthcare: Q4 Earnings Snapshot
By AP News
Published - Mar 06, 2023, 05:21 PM ET
Last Updated - Jun 22, 2023, 05:47 PM EDT
MOORESTOWN, N.J. (AP) — MOORESTOWN, N.J. (AP) — Tabula Rasa Healthcare Inc. (TRHC) on Monday reported a loss of $29.6 million in its fourth quarter.
On a per-share basis, the Moorestown, New Jersey-based company said it had a loss of $1.19. Losses, adjusted to account for discontinued operations and asset impairment costs, came to 5 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 5 cents per share.
The developer of health care software posted revenue of $82.7 million in the period.
