2020-11-05 09:14:43 TRHC Tabula Rasa HealthCare
11/05/20 11/0509:14 11/05/2009:14 | Tabula Rasa HealthCare says FY21 revenue can grow by 20%The company states: "Currently, we believe that overall revenue can grow at 20% in 2021 as compared to the mid-point of our 2020 guidance. At present, our confidence in our growth outlook is based on: (i) positive PACE enrollment trends, (ii) our contracted backlog, which now includes a committed timeline for implementing our single largest new contract signed in 2020 in our pharmacy segment, and (iii) the growth of our sales pipeline across all segments of the business. In addition, we are excited about our October acquisition of Personica, and expect Personica revenue could grow at a rate materially faster than our other business lines, with further potential upside based on cross-selling efforts." |
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