Overview
* Vitalhub ( VHIBF ) Q3 revenue up 94% yr/yr, beating analyst expectations
* Adjusted EBITDA increased 58% yr/yr, representing 22% of revenue
* Company focuses on integrating acquisitions and enhancing margins
Result Drivers
* ACQUISITION GROWTH - ARR increase driven by acquisitions, contributing C$12 mln in Q3
* PROJECT DELIVERIES - Completed project deliveries exceeded expectations, boosting services revenue
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q3 Beat C$32 mln C$28.40
Revenue mln (9
Analysts
)
Analyst Coverage
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
* The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"
* Wall Street's median 12-month price target for Vitalhub Corp ( VHIBF ) is C$15.00, about 31.9% above its November 5 closing price of C$10.22
* The stock recently traded at 39 times the next 12-month earnings vs. a P/E of 59 three months ago
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)