Streamline Health reports financial results for the second quarter of fiscal 2024

• Net loss of ($2.8 million) in the second quarter of fiscal 2024 compared to a net loss of ($2.5 million) in the second quarter of fiscal 2023
• Adjusted EBITDA improved to a loss of ($0.3 million) in the second quarter of fiscal 2024 compared to a loss of ($0.9 million) in the second quarter of fiscal 2023.
• The company reiterated its expectation of a break-even run rate of $15.5 million for implemented SaaS ARR and adjusted EBITDA
• The Company has updated its expectations for achieving SaaS ARR Adjusted EBITDA break-even by the second half of fiscal 2025.

ATLANTA, Sept. 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 their financial performance, today announced financial results for the second quarter of fiscal year 2024, which is the three-month period ended July 31, 2024 and the six-month period ended July 31, 2024.

GAAP financial results for the second quarter and six months ended July 31, 2024