Mississauga, ON -- (SBWIRE) -- 05/10/2017 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Medical Transcription Billing Beats on Top and Bottom Lines."
Companies mentioned in this article include Medical Transcription Billing Corp. (NASDAQ:MTBC).
Article Excerpt:
13 trading days ago, shares of Medical Transcription Billing Corp. (NASDAQ:MTBC) dove as low as 29 cents. A partnership with two key healthcare groups and a compliance network, along with a handful of other positive developments and the stock is running like a scalded dog, including printing as high as $3.84 in Wednesday trading.
Save yourself, we'll do the math. That's a stunning bottom-to-top rise of 1,224.14%.
The latest move was underscored by an upbeat first quarter report. Revenue during the quarter totaled $8.2 million, up 61% from Q1 2016. At the same time, net loss was shaved by 33% from the fourth quarter of 2016 to $2.7 million (29 cents per share), although it was up from $2.0 million in the year prior quarter. Adjusted net loss, a non-GAAP measure that excludes special and one-time items, was $852,000, or 8 cents per share.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_us/special-reports/756/medical-transcription-billing-beats-on-top-and-bottom-lines.htm
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