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MTBC to Announce 2017 Financial Results and Host Conference Call on March 7, 2018

SOMERSET, N.J.,, Jan. 25, 2018 (GLOBE NEWSWIRE) -- MTBC (Nasdaq: MTBC) (Nasdaq: MTBCP), a leading provider of proprietary, cloud-based healthcare IT solutions and services, will release its financial results for the three months and year ended December 31, 2017 before the market opens on Wednesday, March 7, 2018. The Company will follow with a conference call for investors on March 7 at 8:30 a.m. ET, during which management will review certain highlights of the fourth-quarter and full-year 2017, including:

  • Achievement of full-year revenue and adjusted EBITDA guidance;
  • 30% year-over-year revenue growth for full-year 2017;
  • Highest quarterly and full-year adjusted EBITDA in MTBC’s history;
  • Payoff of virtually all corporate debt during 2017; and
  • Closing 2017 positioned for additional growth with an untapped $5 million credit facility and more than $4 million in cash.

The live webcast of the conference call can be accessed at ir.mtbc.com or by dialing 412-317-5131 and referencing “MTBC Fourth Quarter 2017 Earnings Call.” A replay of the conference call will be available approximately one hour after conclusion of the call at the same link, and will be accessible through June 30, 2018. The replay can also be accessed by dialing 412-317-0088 and providing access code 10116612.

Please visit MTBC’s Investor Relations website at ir.mtbc.com to view the MTBC Fact Sheet, Corporate Presentation, and listen to interviews with the MTBC leadership team.

About MTBC

Medical Transcription Billing, Corp. (MTBC) is a healthcare information technology company that provides a fully integrated suite of proprietary web-based solutions, together with related business services, to healthcare providers practicing in ambulatory care settings. Our integrated Software-as-a-Service (or SaaS) platform helps our customers increase revenues, streamline workflows and make better business and clinical decisions, while reducing administrative burdens and operating costs. MTBC's common stock trades on the NASDAQ Capital Market under the ticker symbol “MTBC,” and its Series A Preferred Stock trades on the NASDAQ Capital Market under the ticker symbol “MTBCP.”

For additional information, please visit our website at www.mtbc.com.

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SOURCE MTBC Company and Investor Contact: Bill Korn Chief Financial Officer Medical Transcription Billing, Corp. bkorn@mtbc.com (732) 873-5133

Source: MTBC