Orion Health quarterly cashflows in line with management expectation, still in growth mode

Tue, 14 Jul 2015

By Fiona Rotherham July 15 (BusinessDesk) - Orion Health Group said the listed healthcare software company is performing in line with management’s expectations. The Auckland-based company held cash and short-term deposits of $96 million as at June 30, having generating $200,000 of operating cashflow in the three month period, it said in a statement. On top of the $800,000 operating cashflow in the March quarter meant Orion Health was $1 million cash positive in the past six months and ahead of internal forecasts, it said. Customer receipt...

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