TruBridge Adjusts EBITDA Guidance to $62M-$67M, Cuts Revenue Outlook for 2025

TruBridge has raised its adjusted EBITDA guidance to $62M-$67M for 2025, while lowering its revenue outlook for the same year. The company's CEO, Christopher L. Fowler, highlighted steady progress toward long-term goals in bookings, profitability, and cash flow. He also announced the signing of the CMS interoperability framework pledge.

TruBridge, Inc. (NASDAQ: TBRG), a healthcare solutions company, recently reported its second-quarter 2025 financial results, which highlighted steady progress towards long-term goals. The company's CEO, Christopher L. Fowler, emphasized strong bookings, improved profitability, and enhanced cash flow during the quarter. Additionally, TruBridge has raised its adjusted EBITDA guidance for the full year 2025 to $62 million to $67 million, while lowering its revenue outlook for the same period [1].

Second-Quarter Highlights

- Total bookings for the second quarter 2025 were $25.6 million, compared to $23.3 million in the same period last year.
- Total revenue for the quarter stood at $85.7 million, a slight increase from $85.6 million in the second quarter of 2024.
- Recurring revenue represented 95% of total revenue, indicating strong subscription-based revenue streams.
- Financial Health revenue, which includes revenue cycle management services, amounted to $54.3 million, representing 63% of TruBridge’s total revenue.
- GAAP net income for the quarter was $2.6 million, a significant improvement over a net loss of $4.4 million in the same period last year.
- Non-GAAP net income was $7.9 million, up from $3.0 million in the second quarter of 2024.
- Adjusted EBITDA for the quarter was $13.7 million, a slight increase from $13.4 million in the same period last year.

Full-Year 2025 Guidance

TruBridge has revised its full-year 2025 guidance to reflect the changes in revenue and adjusted EBITDA expectations. The company now expects total revenue for the year to be between $345 million and $350 million, down from its previous outlook of $345 million to $360 million. The adjusted EBITDA guidance has been raised to $62 million to $67 million, up from the previous range of $60 million to $66 million.

Strategic Initiatives and Future Outlook

Fowler highlighted several strategic initiatives that are driving the company's progress. These include the offshoring initiative, resource management refinements, and cost optimization. The company's north star is client delight, and Fowler emphasized the importance of implementing a strategic plan to bring client satisfaction levels back to historical levels and beyond.

TruBridge also announced the signing of the CMS interoperability framework pledge, which underscores the company's commitment to interoperability and data exchange within the healthcare industry.

Financial Health and Market Position

TruBridge continues to maintain a strong market position, particularly in the rural and community healthcare sectors. The company's commitment to keeping care local and its mix of technology, services, and strategic expertise have helped it flourish in these markets. With a steadfast commitment to these principles, TruBridge remains confident in its ability to deliver exceptional experiences to the communities it serves.

Conclusion

TruBridge's second-quarter 2025 results and adjusted full-year guidance reflect a company that is making steady progress towards its long-term goals. The company's strategic initiatives and commitment to client satisfaction position it well for continued success in the healthcare solutions market. Investors and financial professionals should closely monitor TruBridge's progress and future guidance as the company continues to navigate the complexities of the healthcare industry.

References

[1] https://www.businesswire.com/news/home/20250807378618/en/TruBridge-Announces-Second-Quarter-2025-Results