CRH posts $30.4M in Q3 2019 revenue — 6 insights

Eric Oliver - Print  |

CRH Medical continues to bring in the revenue in 2019, posting $30.4 million in third quarter revenues, up from $28.7 million in the same period last year, the company announced Nov. 7.

What you should know:

1. CRH's operating income was $3.7 million, with a 12.2 percent operating income margin.

2. The company's adjusted operating EBITDA was $13.06 million, with a 42.9 percent adjusted operating EBITDA margin.

3. CRH increased its caseload to 88,733 patients in the third quarter, up 23.6 percent from the same period last year.

4. The company's net and comprehensive income attributable to shareholders was $1.6 million.

5. CRH's adjusted operating EBITDA attributable to shareholders was $9.4 million.

6. In the quarter, CRH acquired the remaining interest in Torton-based Central Colorado Anesthesia Associates and acquired 51 percent in Crystal River (Fla.) Anesthesia Associates.

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