Constellation Healthcare sees 2015 earnings up 62% on the year

US-based Constellation Healthcare Technologies said on Monday it expects to post a 62% jump in earnings for 2015.

The company said it is likely to report earnings before interest, taxes, depreciation and amortisation of around $23m (£16.1m) for the year ended 31 December 2015 and revenue of approximately $76m.

This would be up from $14.2m and $54.6m the previous year.

Chief executive Paul Parmar said: "2015 has been a very busy and successful year for Constellation and this is reflected in our financial performance. We have achieved year-on-year revenue and EBITDA growth of 35% and 62% respectively.

“We look forward to 2016 with confidence when we will continue to deliver on our strategy as we strive to become one of the largest scaled platforms in the US healthcare and technology sector.”

At 1023 GMT, shares were up 3% to 153p.