Medical Information Technology Inc Revenue Growth Rates (MITII), Current and Historic Growth - CSIMarket
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Medical Information Technology Inc   (MITII)
    Sector • Technology    Industry • Software & Programming
   Industry • Software & Programming
   Sector • Technology
 

MITII's Revenue Growth by Quarter and Year

Medical Information Technology Inc 's Revenue results by quarter and year



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MITII Revenue (in millions $) FY 2020 FY 2019 FY 2018 FY 2017
4th Quarter December -
3rd Quarter September 114.72
2nd Quarter June 115.84
1st Quarter March 142.77
FY 373.33

MITIIs Annual Revenue
Medical Information Technology Inc 's Revenue in the fiscal year 2019 $ 493.84 millions
Medical Information Technology Inc 's Revenue in the fiscal year 2018 $ 488.19 millions
Medical Information Technology Inc 's Revenue in the fiscal year 2017 $ 480.90 millions
Medical Information Technology Inc 's Revenue in the fiscal year 2016 $ 462.26 millions
Medical Information Technology Inc 's Revenue in the fiscal year 2015 $ 475.53 millions




MITII Revenue third quarter 2020 Y/Y Growth Comment
Medical Information Technology Inc reported decrease in Revenue in the third quarter 2020 by -5.35% to $ 114.72 millions, from the same quarter in 2019.
The decrease in the third quarter 2020 Medical Information Technology Inc 's Revenue compares unfavorably to the Company's average Revenue growth of 3.34%.

Looking into third quarter 2020 results within Software & Programming industry 121 other companies have achieved higher Revenue growth. While Medical Information Technology Inc ' s Revenue decline of -5.35% ranks overall at the positon no. 2409 in the third quarter 2020.


MITII Revenue ( Y/Y Growth %) 2020
 2019 2018 2017
4th Quarter December - 16 % -2.28 % 3.36 %
3rd Quarter September -5.35 % -3.05 % 6.72 % -7.2 %
2nd Quarter June 0.42 % -5.73 % 7.16 % -4.13 %
1st Quarter March 17.32 % -2.76 % 12.71 % -
FY   - 0.97 % 5.9 % -

Financial Statements
Medical Information Technology Inc 's third quarter 2020 Revenue $ 114.72 millions MITII's Income Statement
Medical Information Technology Inc 's third quarter 2019 Revenue $ 121.21 millions Quarterly MITII's Income Statement


MITII Revenue (Quarter on Quarter Growth %)

 2020
 2019 2018 2017
4th Quarter December - 13.99 % -4.73 % 4.05 %
3rd Quarter September -0.97 % 5.07 % 2.17 % 2.59 %
2nd Quarter June -18.86 % -5.2 % -2.21 % 2.85 %
1st Quarter March 3.33 % 2.17 % 2.67 % -5.85 %
FY (Year on Year)   - 0.97 % 5.9 % -


Back to MITII Growth rate Comparisons >> Back to MITII Growth rate Comparisons >>


Revenue third quarter 2020 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #122
Technology Sector #400
Overall #2409

Revenue Y/Y Growth Statistics
High Average Low
23.76 % 3.34 % -6.99 %
(Mar 31 2020)   (Dec 31 2018)
Revenue third quarter 2020 Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry #122
Technology Sector #400
Overall #2409
Revenue Y/Y Growth Statistics
High Average Low
23.76 % 3.34 % -6.99 %
(Mar 31 2020)   (Dec 31 2018)

Revenue by Quarter for the Fiscal Years 2017, 2018, 2019, 2020

Medical Information Technology Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
14 % -7.83 % -100 %
(Dec 31 2019)  


MITII's III. Quarter Q/Q Revenue Comment
In the III. Quarter 2020 Medical Information Technology Inc disclosed decrease in Revenue from the second quarter by -0.97% to $ 114.72 millions, from $ 115.84 millions achived in the previous reporting period.

Although periodic circumstance commonly energize III. Quarter 2020 Revenue, this plainly could not be substantial to rescue 's company achievement, Most analysts pointed out.

Within Software & Programming industry 131 other companies have achieved higher Revenue quarter on quarter growth. While Medical Information Technology Inc 's Revenue growth quarter on quarter, overall rank is 3157.


Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #132
Technology Sector #465
Overall #3157
Revenue Q/Q Growth Company Ranking
Within: No.
Software & Programming Industry #132
Technology Sector #465
Overall #3157
Revenue Q/Q Growth Statistics
High Average Low
14 % -7.83 % -100 %
(Dec 31 2019)  


MITII's III. Quarter Q/Q Revenue Comment
In the III. Quarter 2020 Medical Information Technology Inc disclosed decrease in Revenue from the second quarter by -0.97% to $ 114.72 millions, from $ 115.84 millions achived in the previous reporting period.

Although periodic circumstance commonly energize III. Quarter 2020 Revenue, this plainly could not be substantial to rescue 's company achievement, Most analysts pointed out.

Within Software & Programming industry 131 other companies have achieved higher Revenue quarter on quarter growth. While Medical Information Technology Inc 's Revenue growth quarter on quarter, overall rank is 3157.


Medical Information Technology Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Sep 30 2020)		 12 Months Ending
(Jun 30 2020)		 12 Months Ending
(Mar 31 2020)		 12 Months Ending
(Dec 31 2019)		 12 Months Ending
(Sep 30 2019)
Cumulative Revenue 12 Months Ending $ 511.50 $ 517.99 $ 517.51 $ 496.42 $ 477.36
Y / Y Revenue Growth (TTM) 7.15 % 7.65 % 6.01 % 0.97 % -3.45 %
Year on Year Revenue Growth Overall Ranking # 2024 # 327 # 759 # 252 # 1270
Seqeuential Revenue Change (TTM) -1.25 % 0.09 % 4.25 % 3.99 % -0.79 %
Seq. Revenue Growth (TTM) Overall Ranking # 1722 # 404 # 358 # 90 # 1206


Cumulative Revenue growth Comment
Assuming the Medical Information Technology Inc 's fiscal year would have ended in Sep 30 2020, Medical Information Technology Inc would have reprted above average annual Revenue improvement of 7.15% year on year, of $ 512 millions.
This marks a slow-down of the companys growth trends and from the 7.65% growth in Jun 30 2020.

In the Technology sector 337 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 327 to 2024.

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 95
Technology Sector # 338
Overall # 2024

Revenue TTM Y/Y Growth Statistics
High Average Low
8.65 %
 3.38 %
-4.55 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 95
Sector # 297
S&P 500 # 1722
Cumulative Revenue growth Comment
Assuming the Medical Information Technology Inc 's fiscal year would have ended in Sep 30 2020, Medical Information Technology Inc would have reprted above average annual Revenue improvement of 7.15% year on year, of $ 512 millions.
This marks a slow-down of the companys growth trends and from the 7.65% growth in Jun 30 2020.

In the Technology sector 337 other companies have achieved higher trailing twelve month Revenue growth. While Revenue growth total ranking has deteriorated compare to previous quarter from 327 to 2024.


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Software & Programming Industry # 95
Technology Sector # 338
Overall # 2024

Revenue TTM Y/Y Growth Statistics
High Average Low
8.65 %
3.38 %
-4.55 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 95
Sector # 297
S&P 500 # 1722




Other Revenue Growth
Software & Programming Industry Revenue Growth Trends and Statistics
Technology Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
MITII's Revenue Growth Ratio versus Software & Programming Industry, Technology Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth




Companies with similar Revenue growth for the quarter ending Sep 30 2020 within Technology SectorY/Y Change %Revenue for the quarter ending Sep 30 2020
Cognizant Technology Solutions Corporation-0.12%$ -0.118 millions
Flex Ltd -0.22%$ -0.219 millions
Transcat Inc-0.37%$ -0.374 millions
Lattice Semiconductor Corp-0.41%$ -0.413 millions
Hypha Labs Inc -0.45%$ -0.454 millions
Trubridge Inc-0.53%$ -0.533 millions
Where Food Comes From Inc -0.57%$ -0.569 millions
Gartner Inc -0.59%$ -0.588 millions
Qumu Corporation-0.61%$ -0.615 millions
Automatic Data Processing Inc -0.72%$ -0.715 millions
Rambus Inc-0.84%$ -0.843 millions
Enphase Energy Inc -0.86%$ -0.863 millions
Airgain Inc -1.00%$ -1.004 millions
Castlight Health Inc -1.08%$ -1.080 millions
Teradata Corporation-1.09%$ -1.089 millions
Intest Corporation-1.29%$ -1.292 millions
Digimarc Corp-1.32%$ -1.321 millions
Cmc Materials Inc -1.59%$ -1.593 millions
Cts Corporation-1.62%$ -1.620 millions
Parsons Corporation-1.86%$ -1.861 millions
Take two Interactive Software Inc -1.95%$ -1.947 millions
Titan Environmental Solutions Inc.-1.98%$ -1.979 millions
Cargurus Inc -1.99%$ -1.987 millions
Allient Inc-2.05%$ -2.049 millions
Microchip Technology Incorporated-2.12%$ -2.115 millions
Freeze Tag Inc -2.19%$ -2.188 millions
Healthstream Inc-2.51%$ -2.509 millions
International Business Machines Corporation-2.60%$ -2.596 millions
Blackbaud Inc -2.77%$ -2.767 millions
Csg Systems International Inc -2.91%$ -2.906 millions


About Medical Information Technology Inc Revenue Growth Rates (MITII), Current and Historic Growth - CSIMarket Analysis

How we calculate this

This page is based on issuer-reported fundamentals and CSIMarket’s U.S. equities database (20+ years). Growth is computed using year-over-year (Y/Y), sequential, and trailing-twelve-month (TTM) methods.

Last updated

  • Page updated:
  • Data lineage: SEC filings → XBRL parse → normalization CSIMarket.com Database → growth calculations.
  • Figures are derived from filed reports and may be restated; numbers are subject to revision.

Sources: the company’s SEC filings (XBRL/Inline XBRL) and CSIMarket.com’s normalization & QA processes.



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