TruBridge flags late annual report filing as shares fall 10.5%

Reuters
Mar 20
TruBridge flags late annual report filing as shares fall 10.5%
  • TruBridge disclosed it was unable to file its annual report for the year ended Dec. 31, 2025, citing out-of-period errors in previously issued financial statements.
  • Management identified errors affecting revenue recognition, related contract costs, stock-based compensation expense, and capitalized software development expense.
  • The company said it expects to revise its previously issued consolidated financial statements for the years ended Dec. 31, 2024 and Dec. 31, 2023.
  • Following the disclosure, TruBridge shares fell $1.84, or 10.5%, to close at $15.75.


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