Update: VitalHub Swings to Profit in Q4, Revenue Grows; Down Nearly 6%-June 2024-www.financetom.com

Update: VitalHub Swings to Profit in Q4, Revenue Grows; Down Nearly 6%

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Update: VitalHub Swings to Profit in Q4, Revenue Grows; Down Nearly 6%

Mar 22, 2024 11:15 AM

01:52 PM EDT, 03/22/2024 (MT Newswires) -- VitalHub Corp. ( VHIBF ) overnight Thursday said that it swung to fourth-quarter net income of $938,789, or $0.03 per share, from a year-ago loss of $338,331, or $0.01 per share.

The company's shares fell 5.8% on last look on Friday.

Revenue for the quarter ended Dec. 31, 2023, was $13.6 million, up from $11.3 million a year earlier.

Adjusted EBITDA for Q4 was $4 million, up from $2.5 million a year earlier.

VitalHub ( VHIBF ) provides technology to health and human services providers.

Price: 6.31, Change: -0.39, Percent Change: -5.82

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