- Earnings call transcript Q3 2022

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Operator

Hello and welcome to the Streamline Health Third Quarter 2022 Earnings Conference Call and Webcast. [Operator Instructions] As a reminder, this conference is being recorded. It’s now my pleasure to turn the call over to Jacob Goldberger. Please go ahead, sir.

Jacob Goldberger

Thank you for joining us for the corporate update and financial results review of Streamline Health Solutions for the third quarter 2022, which ended October 31, 2022.

operator name call Jacob conference the indicated, is my Goldberger. As

and are on the Chief President; remarks, Financial we the from for today’s at me the conclusion Tee At Board; Gibson, the Officer. a question-and-answer full call Stilwill, on results, will of Joining prepared Chairman copy or today Green, of our Chief and of Executive Ben call participating can open text financial Tom announcing you does websites. these website call session. today’s If the retrieve numerous from it press www.streamlinehealth.net anyone a Officer not company’s release have

of other press could actual refer with to to assumptions materially risks, XXXX. discuss. the differ may and those releases company’s cause and the be this on U.S. facts from We we Reform the and therefore we assumptions Before as of our conference on filings more our prepared with to everyone the SEC are the statements to want not results the these factors other record the which These be file Please submit are earnings Securities how forward-looking calls, considered with and subject be of all should uncertainties within are Exchange most including and which call for we Statements viewed. following today, sure that for meaning begin certain uncertainties, are recent Commission, made report, Private historical provided information for Securities statements. on with made we clear to Form information, Act XX-K is annual risks, record remarks, that factors. Litigation about maybe the

evaluating items discuss Avelead. acquisition today. will obligation provide undertaking presenting into Health topics unaudited such adjusted commitment call, call analysis the measures revise is made our Streamline to On help of these as on as when not our we ACV, account into statements uses As any always, this management’s these such discuss. non-GAAP will publicly today. note EBITDA, current performance. of risks financial booked we Please Management of today’s are insight we financial to should forward-looking and take any related Participants these or better to SaaS measures figures

However, expense certain items of not income in measures. are included and these

the may may So To these those would a most measures. their of in help non-GAAP www.streamlinehealth.net to results at calculations another like and you turn to on website to our these Tee compare Green, from please Executive differ measures terms, Chief which now release non-GAAP earnings entity own consistent call such to measures. GAAP reconciliation for over utilize I the our comparable refer calculating Officer.

Tee Green

thank morning. Thank for you, all Jacob you joining and this us

Ben financial our remarks, update, Tom operations from Stilwill, will and Gibson. President by update opening my sales provide Following a followed an CFO,

XXXX totaled XX, on for attributable with included bookings our October our reminder acquired With October we results from $XX.X Beginning and financial GAAP of performance started. months XXXX, that, a which XX, their in ended $XX.X XX, date. X of will As get Avelead financial I as the was XXXX, August SaaS will overview million the products. million, be that to

a to TCV fiscal As million of per estimated $X we quarter million average we $X XXXX. reminder, in would

headwinds our staffing backlog credit we a value booking IT to clients, our and to hospital with revenue. Our the and provide direct hinder to of products our continued associated success is new projects channel of continue Macro strong sales built bookings our conversion the clients.

that have booked annualized reporting as that all a million recognized is new third bookings $X.X we during to being agreements XX% been for ACV, revenue the contract were quarter, revenue million. and which Last SaaS not total grew our implemented. SaaS into quarter XX% the or successfully revenues are metric, up we However, well $X.X value as began

the As SaaS successfully Subsequent to as of end was And of as ACV booked January million. to $XX.X closed XXXX, our of million remain million $XX.X two $XX.X the $XX SaaS as in XX, XXXX. October we XX, of million deals. quarter, confident booked ACV compared the of total of of was XXXX. achievement our We booked ACV November end SaaS large XX, by fiscal

of balance XX, we XXXX, As million our of on October had cash $XX.X sheet.

the of on approximately offering direct announced gross the $X.X a Board of As million. registered company’s XX% previously raised closed Notably, insiders, proceeds management team. of than the including from company’s of resulted and each key October of in members XX, offering that was more member we Directors

have initial on loan. principal to We payments make term our begun the

term October XX, hand believe of positive our software capitalized is As sufficient We less EBITDA million. achieve loan the to on our $X.X balance adjusted was development. of cash

force our Finally, on to XXXX, growth line strategic with enhance a of relationship XX, we and eValuator our functions the credit. liquidity the to point. access our software By of an call within November Late and a Bridge expanded Avelead service Avelead business the to increasing common Bank progress and our to of share $X operations, allow combining through and effectiveness innovation the sales non-formula as eValuator our million expect profitability. we a accelerate quarter, we announced alignment while additional solutions in

The and a fiscal November through services. for executive a for higher was the executed which of of we other our next of We of macro growth certain demand and products management we The our redundant cost of million on reduction from to benefits the million to cost course hospital elimination operational attributable X the voluntary remain year. environment with the in $X.X going $X balance confident the our expect annualized realize result of alignment, total addition, savings, in savings positions, expect was contractors. salaries clients which In and the to execute prospects forward.

become was to eValuator, This bill been team has solutions which pre-built forward. the and him eValuator to bookings of than enable success Jawad world the it I with our a Ben critical lead to successful and of made in believe organization. business. In our while Our promoted RevID maintaining channel has more Strategy all a President improved care they focus to his partners continue CEO client provided. and his Stil us accelerate have have Ben to operations seamless revenue our President, relationships strategy, thought conjunction hospital Chief developed as for primary our accurately differentiator has class Shaikh to thrilled them Ben? was through dedicated organization a market. hospital to Prior to am result. and capture never transition clients our going promotion Jawad the Ben on we net the organization, leadership combined alignment, to is our Officer like industry was with of today to a will delivering the is which large automated and for systems. and appointed

Ben Stilwill

opportunity of you, next And the Thank I Tee. on very focused cycle. you Streamline revenue morning. client I macro individual speak been lately into need environment, denials team comments all the am appreciate increasing on have conversations within the our chapter the the for to automation Tee’s Building this this story. with excited lead to and our on their

their the making care to so can within Avelead expressed deployment suite. ready for tools that RevID and led back-end that one the month, like in patient tools in including need to leakage their automated growth priorities, these investments outpatient by to our solutions these invest last revenue our expanding improvements eValuator they reduce clients architecture on Within remains of can innovation, focus services afford for the of organizations. we today, ensure primary By Just are our community. Avelead significant our large of

reporting and to We the will implement our of expect. value-driving have that into Avelead features client dashboards clients tools similar tools eValuator to come

Additionally, experience. our and we reduce the will the user to improvements that are architecture the making associated improve effort with implementations Avelead

make the rule improvements more overall time. well, expanding eValuator over to making incremental the continue to We as effective set and solution system our

developed we Tee us, differentiator client-centric and mentioned, a for ensuring additional on has success been true the our driving for As platform. clients within eValuator service our value their organization

who monthly In shortages, expanded establish concierge is rapidly tools potential of we are the pain administrative learn also our we with executive to consultative the quarterly extension of are client’s last solutions meetings maximize the industry-wide points staffing clients. education to allowing auditor client speed We to we of react position eValuator cadence staff well resources. as our our whereby This insights directly and need our new have light and us providing. off about for integrated adoption we team, mentioned within value the quarter, us and an services, the an we of maintaining to starts as client

for time, previously, discussed administrative IT at understaffed implementation hospitals have departments. delayed has this especially our within we staff and solutions. remain underinvested This As their timing within

and successful the are we working into Within be As been to bottleneck. same RevID we result Avelead a very the are have in will about as that our am implementation result, of it hard a eValuator, near-term. our products, teams say the confident compare the that we and never ensure I able to investment

Our accelerated combined Chief million report line October to bookings thrilled of million SaaS TCV bookings of Growth quarter. $XX.X And Officer, the million Amy led per excess has XX TCV of growth in to through Sebero, with as $X SaaS $X by team, we average were realignment. in our of expected

Vice four team leadership, development by We a augmented are Presidents expanded business a and infrastructure more direct we channel overall sales Amy’s resources, maintaining enablement dedicated regions include the towards have partnerships. with approach for Regional Under individual structure organization’s and marketing. talented select sales to intentional beyond

but you via we feel, to as you logos, new and If and LinkedIn go of page podcast thought the it other look notice leadership our have that not content. will presence only a to website and pertains today,

RVP As our staffed. of fully today, positions are

in As ACV XXXX we ACV. end and $XX SaaS of booked SaaS to of $XX the of confident million expect fiscal of XXXX exit million fiscal achievement Tee our with mentioned, by booked remain

equals continue call tremendous paid will I Before I that, all over results care all am I over they team I innovation Tom, of our our talented are With to providers hardworking very provide. and who Gibson. growth our to to to Tom the lead healthcare yield our CFO, to our supporting and we execute would team us service the call ensure hand for like all that expand. strongly formula our members the for excited to will of believe are plus turn as thank mission

Tom Gibson

Ben. it recent you, is indeed your on well Thank Congratulations deserved. appointment,

XXXX. in Avelead All his in acquired from Tee are of reported we August XX, included As mentioned GAAP our operations that date. remarks, numbers on Avelead opening

owned beginning of We quarter capital the More $X.X without recent solidified sheet We balance than most this million the want round. And we offering all company raise was quarter, of XX% thank to an participated by Subsequent this underwriter. to third in that also I that the completed numbers the funded with pro from period. a prior we Between expanded direct its include the revolving third our during raise path the assume raise. as forma capitalized provide non-formula Total we registered over we the increase Avelead an insiders. that investors until believe for the and capital have adjusted clear year. company the bank GAAP the relationship million, cash credit $X.X a to EBITDA period last relationship, metric facility. fiscal define XX% costs. software $X new less generates XXXX comparable the from a were operations, of revenues we third bank million a extended quarter of development the

For ended million. attributable increased the October of was $XX.X acquisition of GAAP $X.X XX% XX, XXXX, X the Avelead. revenue to revenue months the to growth total million

SaaS quarter quarter third $X.X compared the During third fiscal to million of the grew or XXXX, XX% XXXX. fiscal revenue of

fiscal million XXXX, pro XX, of the of or was total with of $XX.X in quarter X periods. ago During SaaS Avelead. $X.X revenues revenues the the and October the the $X.X XX% for million and $XX.X million forma XXXX third growth $X.X of compared XXXX. first were million respectively increased Total for million and compared months $X.X attributable revenues to year-to-date revenue million SaaS X of year to acquisition fiscal ended the months

know implementation and These We headwinds backlog our impacted revenue. impact hospital clients effect first significant contract clients, delays known hospitals long that and from how face personnel by have of accordingly, recognized also revenue. timeline impact our our not been headwinds are will do these IT COVID. shortages We as projects, overcoming our hangover a recognized

We that is have of contract of $X.X November unimplemented as XX, million XXXX. annualized value

investors our and As growth these on a quarters, basis. sequential see contracts coming double-digit are implemented in the year-over-year will

are accelerate which revenue the growth fiscal of We in in XXXX, quarter to expecting fourth XXXX. will see

and and and million totaled $XXX,XXX company for million by that quarter expenses year its experienced to severance, operating spend travel than the period. of $X.X Third the prior higher $X.X quarter entertainment The previous XXXX expenses during compared the bonus increased innovation year. and approximately

$X.X included million of XXXX costs. The of fiscal third acquisition-related quarter

total acquisition XXXX, million million period. Avelead. XX, for X $X.X prior of expenses to the compared ended months the expenses were the the For $XX attributable as operating to were October fiscal XXXX $XX.X year million of during

We and higher from have compared travel higher as to XXXX XXXX. and in entertainment cost severance, headcount, fiscal bonus fiscal

performance Some million fiscal our be ended the the loss EBITDA as of X on be Net the and acquisition of EBITDA Adjusted and Adjusted costs XXXX of fiscal the of of XXXX. the loan an of the a previously the valuation million in previously quarter operations. net in $X.X months have alignment. was of quarter loss fiscal during XXXX. had PPP loss this cost Avelead. million the the $X.X loss $X.X salaries administrative with costs expense the months fiscal of to months Net in XXXX. the loss for third compared XXXX amount for X a loss was by million loss million the will X a entertainment XX, XXXX. adjusted of $X.X $X.X upgraded adjustment interest Certain of as $X.X of EBITDA of from by In XX, million the in X these with The technology, compared million announced $X.X was such months fiscal during sales was travel net third for of as XXXX. the as compared EBITDA XXXX, related fiscal the normalized fiscal XXXX of higher fiscal million bonus forgiveness investments higher curtailed an headcount of of ended October quarter of included to third Net October function, in offsetting can benefit compared expenses the the higher third the associated loss to and third $X.X for loss million XXXX we the million loss fiscal liabilities Avelead EBITDA quarter been fiscal to $X.X to alignment. for announced $X.X a adjusted XXXX of architecture explained for compared of loss XXXX quarter with first

targets. bonuses certain eValuator achieve Avelead targeted to of fiscal for business have successful units staff for company and and combination the performance We certain XXXX

January sheet referred will at million. amounts stock. present restricted completed the to to using approximately that gross Moving Under restricted $X.X approximately estimated liabilities future are million. in to provide resulted offering are sellers each of October liabilities which XXXX. as consideration are XXXX, first common quarter, on and as registered $X.X of the compared the in earn-out These The and the acquisition of acquisition XX, cash direct of balance valued cash be These of completed million cash and hand the the XX, company million are of the stock date. company $XX.X million the had proceeds and and Avelead will company XX-month cash we sheet, $X.X the a two at acquisition of during closing on million of $XX.X approximately an on The paid $X.X the additional of closing. balance anniversaries stock agreement, paid at in to value

was payment XX, made quarter first of on the subsequent The and to approximately value. $X November end million XXXX, in totaled total the

$X.X first term monthly, into entered the first acquisition, in equates of in million. quarter Subsequent XXXX, of in of loan year repayment $XXX,XXX There XX, stock. loan required the of closing began as following $X which Bank. million term balance required of term the Avelead the and restricted close, which is in Bridge $XX no the October the a was our we cash to The common with million following the year $XX,XXX to the loan million payment $X in close. was consisted second this X-year

a non-formula relationship As But less to Bank our Tee we EBITDA liquidity. positive we pleased have to development. achieve necessary. this sufficient million believe mentioned, line our can we include with which on are is draw of Bridge on adjusted cash recently expanded if to hand a capitalized credit, to additional $X software access We that

another for metric that refer a annual contract contract have for stands that well where recognizing recognition been annualized to believe SaaS revenue. Tee be a the annualized competing of ACV, larger from or due XXX figure mentioned, are be provide products that revenue executed signing, to while to value. revenue from timed Please are live booked XXX annual Implementations implementations. we may evaluated ACV sometimes proxy days are as as value value contracts new by of contracts an recognized have implementation ACV for booked XXX provides the to revenue may to for the this recognized recognized Avelead We that not our projects implementation as our will being from delayed due an the contract to system. SaaS we XX our of revenue all if note be as and Generally, clients projects into timing of implemented. We days. in a introduced have As after complexity signed contract agreements agreements subject

booked ACV Our achieve revenue. implemented. overall ACV of SaaS business XX, growth and November of been its of of million $XX.X a that We focused $X.X ACV On believe current breakeven XXXX, $XX continuing million will as has on we at our not structure, cost million. is SaaS remain SaaS SaaS booked booked

XXXX and QX incremental the recent XX%. level of revenue are XXXX. success. will this of my that September We fully have staff our turn in progress experienced I Tee or above in to call cash near-term margins company growth we to XXXX, back by have have not gross concludes The QX the company of made nor Green proud now is confident implemented of closing I’ll That realizing the we’ve level for the joined we to our bookings his our I date remarks. Tee? reach review. and to commend current QX generation. this want am on visibility Since

Tee Green

you, Thank Tom.

to better leakage taken position alignment has long-term. visibility or losing to our continue address and steps innovation. drive We to that enable without the significant company proactively streams recurring us momentum and to and over The cash forward revenue enabled flow healthcare have growth major for deliver shareholder improve value in financial providers performance growth to revenue near-term

and have support for once work all begin they entire our up essential the communities like Before vision. quality to necessary provide clients our support providing for healthcare for ensure served. the Streamline resources and the to are Health free and we session, you and to us Q&A hard care Their I’d again tools their of for contributions all time Thank to thank your team they Streamline dedication. our

Now I’d to like to call Operator? open questions. your up the

Operator

[Operator question Brooks is you. Thank Instructions] Capital. Our from O’Neil from Lake Street coming first

is live. now line Your

Brooks O’Neil

Thank a couple much. I you everyone. commentary, Good have confused appreciate to items. am confess, little very all morning I about I but the a of

So of I ask couple questions. want a to just

made The remarks. a first one his relates really to at comment, prepared the here end Tom, of

said you that $XX or revenue. would revenue be But SaaS to think I to perhaps said not get I could my of he million he won’t breakeven booked million be sense also implemented. million. you generating that you think achieve related booked $X.X could of hence, that I revenue at guess, And that SaaS $X.X

could should about what’s help be understand So And going me you that? there? thinking how on exactly I

Tom Gibson

today? doing you are How Brooks. Absolutely,

Brooks O’Neil

you, Great. Thank Tom.

Tom Gibson

your question. Good. you for Thank Good.

Once $XX million booked stand yes, total $XX.X we of will revenue, implemented. of of which that reach have we at recurring today, be So that million with means ACV unimplemented. SaaS all to million $X.X

in of be or million you business. at I for XXXX. QX SaaS on We think will remarks, $XX by implemented breakeven ACV heard booked we the will think my fully QX be of also I And that

Brooks O’Neil

you When a biggest the broader And then challenge marketplace? Or maybe implemented Okay. today you so little contracts evaluate the is bit helpful. challenge? contracts That’s really your great. right a see getting environment in you That’s the would than say generating now, guys demand question. is environment these bigger

Tee Green

the the from for their had of backlog certainly the Green. department, the to seeing departments Tee operations. contracts plate changing contracts forth, how just analysis, you ago we’ve and attention the ROI to contracts get And of you’re technology line back they CFOs, now contract office Thanks And use signed. environment and year coming COVID. a IT the CFO’s Brooks, backed entertaining actually get finance improve the and got get to off can questions question. they more Yes, and the up. red And about things And trying is more out of then then

of side do trying So get help or our that we incentives are how can you to health as their that is look additional backlog. from the our create services IT we at evaluate we it through service whether systems business,

what resources system. across talk that that IT country. So magnitude I don’t is the of the is, but to when know it you $X.X we’re backlog, in something million backlog seeing about related health

have So be flush everything understaffed. way has are will had system like that those will the done through things to to else they

looking clients And at getting quicker certainly can that. CEO’s our to our losing. other are is every prioritize day, office we’re So CFO’s smoother ideas Obviously, is partners and help real office the that, they that dollars, other knows technology the don’t implementations. facilitate implement

Brooks O’Neil

a complicated RevID. little do Sure. can to Do fantastic takes me gap a just is time? is And a historically, those it it’s I two implement over job have let you little and but you have longer the little more a you follow-on guys between narrow think perhaps done eValuator, right? a sense my that implementing And ask

Tee Green

years Yes, couldn’t we it eValuator you but there several you well. back accurate, if And ago, have very for go reasons that. implement is

seeing the starts that you’re It and led had that implementation on rock-solid clients. so And innovation side enabled in why seeing processes service platform, evaluated efficient to our platform. to efficient. with having you’re the side, his growth delivered ROI that the a our we smooth that’s the if and platform, by So innovation to and and we’re rebuild Ben that and team build service

get we it knew had to Avelead, to on eValuator do we RevID the enterprise in some So coming to to is. architectural same improvements

still in we’re And that process. so

RevID better expect platform. gets would have each valuated better. we same the have the and the it mid-XXXX, quarter, in platform we But So shape should each I sprint,

Brooks O’Neil

Great. That’s perfect.

then sense and little would Epic anybody Let two Can electronic else be you me two And bit medical where vendors ask One Cerner a records secondly, stand whether you could my out more describe about just be are obvious it ones. consider those have bit feel with as can hopefully your is, you little well? big more complete solution would the two more, you you there quick products? talk that a you interesting And make might a flagship is platform to as two? think we what high-demand that solution talk of about about for there. significant Are hear and things combining complete you today added to system healthcare? your your

Tee Green

Epic correct are Sure. is industry. That’s for grill the in the you sure. And Cerner and are

tight with coming from Avelead, Fortunately, Cerner strong a RevID we really partnership have the side.

I what Cerner the does. remember Orchard. term eValuator on there working so with be a integration But No, Epic, they really is the integration us? Epic App – for getting in have we which and Epic third resell to with new all different that’s the products But but and – Cerner is. animal where it will exciting the platform. from work now toolbox, We’re does parties like continuing don’t us. to Epic a for endorse their customers. want actually work yes, we’re

are works customers. have And you they you the that and you that’s the to clients. great solution, that which positive second customers the seeing Epic very we of the the – working industry. to that Epic your results, very many, have have the learned side. Epic cycle. The platform Cerner path Epic a more complete what and question, very, revenue is by are And customers talk enable will, is get referrals your in over to world that’s use to we’ve to Epic model large way more is many have So and components Epic enables you that It on this solid have years then

on focus, Our Brooks, is pre-build.

revenue are the cycle. XXX to entire we on So [indiscernible] trying not

a niche, valuable it penetrate. is very So we’re it a niche that is to trying

to we Now are said like having looking can’t that. Absolutely, for continue future uncover that, we wait opportunities to Avelead?

Brooks O’Neil

Tom. the Alright. much, That’s appreciate very you very Thank I Tee all helpful. and color.

Tee Green

Thank you.

Operator

you. Thank

Next Craig-Hallum. Hewitt question from from is Matt coming today

live. line now Your is

Matt Hewitt

that you bit of hospital kind get an do to them the presented, a plural. Good point you’ve you have kind the on you different up, the the bigger got morning on I the taking little just in want hospital two, it’s think But – you’re or signing seems contracts now get side? and thank that from it’s One, could a update headwind got is those first more or IT regarding spending? products They there Maybe Or It spending the function details, bit pieces, CFOs going the you What the of to are board. and contract a like – take now are right questions. in sounds environment; obviously, IT implementation creating quarter coming provide for for the like guess, product number you’ve where the the take is side. a It step to the standpoint? that that end side. little all of of a from reached next from impacting maybe signing two two of you as headwind. now

Tee Green

Yes, Matt, woefully the The side. understaffed, is of consider Tee level what here. has question. mean hospitals do. cycle pivoted are COVID especially by what hospital Thanks macro the revenue changed And we for side the more administrative the business to out coming at that the spend in certainly of I we or

are there. them at and left, resources, coders, going just not that’s and look they to fewer use are vastly make they just auditors, they Billers, efficient have they all meaning to so technology – And because more not human coming many back. capital

do may to CFOs to the RevID. where short now, on they purchases. do shorten want right eValuator built here work anymore, pre the like so have don’t the is clinical beginning, so Right that revenue they they Streamline way revenue. have downstream things And to come the technology to with have create some and in advanced In don’t which to staff they

the of there forgot a most So deliver real a important value. we immediately, and almost few within think investment we’re months in part return is the tremendous on implementation, I we is suites

hospital when our implementable think deliver even name on departments I question, it resources? you – does out enable of quickly – have a if the return So run fewer second investment of IT take what tremendous you look with finance it it at part we Yes. immediately? the Does Is just to the it, if to look Yes. our at us at looking implementing, you right? That’s have Yes. people? are

boxes. we those check when at all So look stream, you

think And pretty for encouraging that’s so I bookings.

to get of IT unfortunately. went A side and the smaller resources working don’t other consulting jobs with question, they business, people left either, the started your side side companies. lot did of have the you the CIO and and of Now

some they resources? how we CIO? of tremendous do do CIO know we platforms they do without the that How interoperable do? we implemented? do some in with of to their – we So those what much we could provide how in are? Cerner to be have are things provide and How we do Epic? So meaning can perspective. our we are we’re prove environment working can on. How secure quickly we a value the So world, some work the tremendous value from CFO’s One, things the How their are

Matt Hewitt

basically turned of couple really many customers million multiple? it or Thank facilities of implied guess yet. are it Tom, just implemented that’s you kind might a that available? resources is I speak ACV helpful. the as And have several it quickly a $X.X on can that how of million? question to once How for That’s those $X.X get up just million are kind Is make XX/XX $X.X the that not and mentioning it’s you. Maybe you

Tom Gibson

Yes, customers. Compare and there then is products, there customers, eValuator Avelead two RevID five is and

customers, many eValuator the With how they they we them one maybe no have are, two, usually in matter order facilities only feed, to connect that get to have to live. HLX

complexity facility a implementation. the a system, – it’s that system add help? if or that to doesn’t that a two-facility not hospital of is So Does six hospital lot

Matt Hewitt

guess Yes, I me. then so. the last you. one And very much Thank for

$X.X that you’re mean thinking in that able backlog, million quarter QX. of we about you that things? million commentary that that should Is that the be will, look be I somewhere As whether QX, we it’s next and to FY exiting $X ‘XX implies revenues. year, current get SaaS of kind you’ll in your out if way to implemented, per

Tom Gibson

had Matt, kind That’s the to think of way middle about in year. to off mute. Yes. I’m that sorry, I Yes. get the of the

Matt Hewitt

Alright, Fantastic. so thank much. you

Tee Green

Matt. Thanks,

Operator

our Thank any of the comments. I’d session. question-and-answer closing turn you. floor We back further like for the reached over or end to

Jacob Goldberger

in again for interest support Streamline all you of Health. Thank your

look and need with speaking forward you when additional me discuss questions or fiscal We more day. If please you any financial year contact we to fourth Jacob.goldberger@streamlinehealth.net. at our quarter performance. again have all information, XXXX Good

Operator

does webcast. you. today’s and That Thank conclude teleconference

We have time, this You disconnect at today. day. for lines wonderful your a participation and may your you thank

Streamline Health Solutions (STRM) 15 Dec 222022 Q3 Earnings call transcript