Q1 2022 Earnings

Healthcare Medical - Diagnostics & Research

Income Statement

Revenue

$342M+8.4% YoY

Gross Profit

$27M7.8% margin

Operating Income

-$2M-0.5% margin

Net Income

$3M0.9% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+2.6%

Cash Flow

Operating Cash Flow

$901,000

Free Cash Flow

-$36M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.7B

Stockholders' Equity

$299M

Cash & Equivalents

$71M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$342M	$315M	+8.4%
Gross Profit	$27M	$33M	-19.1%
Operating Income	-$2M	$18M	-109.7%
Net Income	$3M	$9M	-68.1%

Revenue Segments

Health Care, Patient Service

$303M47%

Commercial Insurance1

$188M29%

Medicare1

$71M11%

Capitation Arrangements

$38M6%

Workers' Compensation/Personal Injury1

$12M2%

Medicaid1

$9M1%

Health Care, Patient Service Other

$7M1%

Health Care, Other

$6M1%

Health Care, Management Service

$6M1%

Software

$3M1%