CRH posts $30.5M in revenue for Q2 2019 — 6 insights

CRH Medical continues to bring in the revenue in 2019, posting $30.5 million in second quarter revenues, up from $27.3 million in the same period last year.

What you should know:

1. CRH's operating income was $4.6 million, with a 15 percent operating income margin.

2. The company's adjusted operating EBITDA was $13.3 million, with a 44 percent adjusted operating EBITDA margin.

3. CRH increased its caseload to 84,656 patients in the second quarter, up from 77,501 patients in the first quarter.

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 $9.7 million.

6. The company's net cash provided by operating activities was $9.6 million.

CRH CEO Tushar Ramani, MD, said, "Executing on current initiatives, CRH is poised to further build on this growth heading into the second half of 2019 and beyond."

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