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  "documentTitle": "Inovalon | Results Presentation Deck | 31 slides",
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  "authorName": "Inovalon",
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  "presentationDate": "2019-10-01 00:00:00",
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  "notes": "The slide uses a numbered list to present key financial metrics for Q3 2019.",
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      "text": "1. Continued Strong Organic Revenue Growth: Q3 2019 revenue of $166.5 million, up organically 14% year-over-year and 6% sequentially.\n2. Continued Strong Sales ACV Metrics: Strong market demand with Q3 2019 new and expanded contracts sales Total Annualized Contract Value (ACV) of $44.1 million and Platform ACV (excluding Services) of $28.1 million.\n3. Continued Strong Margins: Strong Q3 2019 gross margin of 74.2%, and Adjusted EBITDA margin of 33.8%\n4. Continued Strong Cash Flow: Strong Q3 2019 net cash from operating activities of $32.3 million (even after $16.4 million in interest payments).\n5. Strong Q3 2019 TTM Results: TTM financial performance continued to show strength in the Company's execution and progress with Q3 2019 TTM revenue of $605.2 million (up 20% from TTM Q3 2018), Adjusted EBITDA of $191.9 million (up 38% from TTM Q3 2018), Non-GAAP net income per share of $0.43 (up 65% from TTM Q3 2018), and Free Cash Flow¹ of $45.0 million (up $41.8 million from TTM Q3 2018).",
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      "text": "Execution during the third quarter of 2019 continued to progress well. Inovalon's cloud-based platform capabilities are increasingly being recognized for their market-leading differentiation, driving strong value-delivery for clients, and resulting in significant sales, revenue growth, operating leverage, and financial performance for the Company.",
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      "text": "Note: Please see slide 29 for definitions of the footnoted terms above.\n¹Free Cash Flow is defined as net cash provided by operating activities less purchases of property and equipment and less investment in capitalized software",
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      "kind": "title",
      "text": "Q3 2019 Financial Highlights",
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