Tecsys Announces Q2 Financial Results for Fiscal Year 2026
Financial Performance: Tecsys Inc. reported a 22% increase in SaaS revenue, reaching $19.7 million, and a record total revenue of $48.6 million for Q2 2026, alongside a 71% rise in Adjusted EBITDA to $5.0 million compared to the previous year.
Market Challenges: Despite achieving strong financial results, the company faced challenges from the U.S. healthcare policy environment, government shutdowns, and tariff uncertainties, which could impact future performance.
Year-to-Date Growth: For the first half of fiscal 2026, SaaS revenue grew by 23% to $38.8 million, with total revenue increasing to $94.6 million, and net profit rising to $2.5 million.
Future Guidance: Tecsys is maintaining its full fiscal year guidance, projecting total revenue growth of 8-10%, SaaS revenue growth of 20-22%, and an Adjusted EBITDA margin of 8-9%.
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