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Protech reports Q3 earnings

Protech reports Q3 earnings

CINCINNATI - Protech Home Medical reported revenues of $21.1 million for the third quarter of 2019, an increase of 7.1% compared to the same period in 2018. Year-to-date revenue was $64.7 million, a 13.6% increase. Adjusted EBITDA was $3.9 million. “We continue to achieve these solid financial results, while also improving on all aspects of our business operations, including an increase in the number of patients served and respiratory resupply setups or deliveries,” said CEO Greg Crawford. “We continue to focus on achieving solid organic growth and on enhancing the profitability of our core operations.”

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