Streamline Health Reports Second Quarter 2024 Financial Results

• Net loss of ($2.8 million) in the second quarter of fiscal year 2024 compared to a net loss of ($2.5 million) in the second quarter of fiscal year 2023
• Adjusted EBITDA improved to a loss of ($0.3 million) for the second quarter of fiscal 2024, compared to a loss of ($0.9 million) for the second quarter of fiscal 2023.
• Company reiterated guidance of $15.5 million in implemented SaaS ARR for a break-even run rate of adjusted EBITDA
• Company updated guidance to achieve SaaS ARR adjusted EBITDA break-even run rate through second half of fiscal year 2025

ATLANTA, September 11, 2024 (GLOBE NEWSWIRE) — Streamline Health Solutions, Inc. (“Streamline” or the “Company”) (Nasdaq: STRM)a leading provider of solutions that enable healthcare providers to proactively address revenue loss and improve financial performance, today announced financial results for the second quarter of fiscal year 2024, which covered the quarter ended July 31, 2024 and the half year ended July 31, 2024.

Fiscal Second Quarter and Six Months Ended July 31, 2024 GAAP Financial Results