CRH Medical posted revenues of $29.1 million for the first quarter of 2019.
What you should know:
1. CRH's operating income was $3.8 million, with a 13 percent operating income margin.
2. The company's adjusted operating EBITDA was $13.1 million, with a 45 percent adjusted operating EBITDA margin.
3. CRH saw 77,501 anesthesia patients during the quarter.
4. The company posted a net loss of $100,000 attributed to shareholders.
5. CRH's adjusted operating EBITDA attributable to shareholders was $8.8 million.
6. The company's net cash provided by operating activities was $12.4 million.
CRH CEO Tushar Ramani, MD, said, "CRH is well positioned to grow its current model, expand its offerings and continue to deliver strong financial results." CRH appointed Dr. Ramani CEO April 9.