VitalHub Reports Q3 Revenue Beat and Return to Profitability
VitalHub Corp. (VHIBF) reported strong third-quarter financial results, highlighted by a significant turnaround from a net loss of $890,000 in the previous year to a net income of $2.6 million. The company's revenue reached $31.9 million, exceeding market expectations by approximately $8.29 million. Growth was driven by a 14% year-over-year increase in Annual Recurring Revenue (ARR), which now stands at $107.2 million. While gross profit margins saw a slight compression to 79% from 81% last year, EBITDA grew by 48% year-over-year to $6.8 million, signaling improved operational efficiency and strong recurring revenue stability.
Topics: Annual Recurring Revenue (ARR) EBITDA Growth Gross Profit Margin Net Income Revenue Beat
Read the full article at Seeking Alpha
Part of the story Bit Digital Reports Q3 2026 Financial Results with Return to GAAP Profitability (7 articles)