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Highlights

  • TruBridge posted Q2 2025 GAAP net income of USD 2.6 million versus a USD 4.4 million loss last year.
  • Total revenue was USD 85.7 million, with recurring revenue comprising 95% of the total.
  • Adjusted EBITDA rose to USD 13.7 million from USD 13.4 million in the prior-year quarter.

TruBridge, Inc. (NASDAQ: TBRG) reported second-quarter 2025 results, showing an improvement in profitability compared to the same period in 2024. GAAP net income was USD 2.6 million, up from a net loss of USD 4.4 million a year earlier. Non-GAAP net income rose to USD 7.9 million from USD 3.0 million.

Total revenue for the quarter was USD 85.7 million, compared to USD 85.6 million in the second quarter of 2024. Recurring revenue accounted for 95% of total revenue. Financial Health segment revenue, previously referred to as Revenue Cycle Management, was USD 54.3 million, slightly down from USD 54.5 million a year earlier, representing 63% of total revenue.

Bookings in the quarter totaled USD 25.6 million, up from USD 23.3 million in the prior-year period. Adjusted EBITDA was USD 13.7 million, compared to USD 13.4 million in the same quarter last year.

TruBridge now reports under two segments: Financial Health, which includes revenue cycle management services, and Patient Care, which includes electronic health records and patient engagement operations.

The company noted that while the upper end of its revenue outlook for the year has been lowered due to client attrition and longer timelines for larger deals, its Adjusted EBITDA guidance has been increased. This adjustment reflects efficiency gains from offshoring initiatives, refined resource management, and cost optimization efforts.

For the third quarter of 2025, TruBridge expects total revenue between USD 85 million and USD 87 million, with Adjusted EBITDA between USD 14 million and USD 16 million. For the full year 2025, revenue guidance is now set at USD 345 million to USD 350 million, down from the prior USD 345 million to USD 360 million range. Adjusted EBITDA guidance has been raised to USD 62 million to USD 67 million from the earlier USD 60 million to USD 66 million range.

The company stated that operational improvements and cost management measures implemented in recent quarters are intended to position it for long-term performance, while also addressing client satisfaction initiatives.