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Medical Transcription Billing confirms FY'16 guidance

MedicalTranscription Billing Corp. has again reaffirmed its .

The company continues to expect revenue of between $27million and $30 million and adjusted EBITDA of between $1.5 million and $2.0million. The adjusted net loss per share is stillprojected to be between 5 cents and 10 cents.

Medical Transcription Billing reported a net loss of $2.0million, or 21 cents per common share, in the first quarter, compared with anet loss of $1.2 million, or 12 cents per common share, in the year-ago period.