logo
Share SHARE
FONT-SIZE Plus   Neg

Allscripts Healthcare Slips To A Q4 Loss - Quick Facts

Allscripts Healthcare Solutions Inc. (MDRX: Quote) reported a fourth-quarter net loss of $24.3 million or $0.14 per share, compared to earnings of $26.0 million or $0.14 per share in the same quarter last year.

The company recorded a loss from operations of $26.6 million for the latest quarter, compared to earnings of $45.6 million from the same in the year-ago quarter.

However, on an adjusted basis, the company reported earnings of $28.1 million or $0.16 per share for the latest quarter. Analysts polled by Thomson Reuters expected the company to report earnings of $0.20 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter declined to $350.9 million from $388.2 million in the prior year quarter.

Meanwhile, total non-GAAP revenue for the quarter totaled $368.0 million, while seventeen analysts had a consensus revenue estimate of $367.07 million for the quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Burger chain Shake Shack Inc. said late Thursday that it has priced its initial public offering of 5 million Class A shares at $21 per share, which is above the previously estimated price range of $17 to $19 per share. The shares are expected to begin trading on the New York Stock Exchange on Friday, January 30 under the ticker symbol "SHAK." Google reported a higher fourth-quarter profit, driven by a 15 percent increase in revenues and one-time gains from the sale of Motorola Mobile business, somewhat offset by stock-based compensation expense and foreign exchange losses. Quarterly earnings and revenue missed Wall Street estimates, as ad revenues came under pressure. Online retailer Amazon.com, Inc. said Thursday after the markets closed that its fourth quarter fell 10.5% from last year, as higher expenses more than offset a 15% increase in sales. However, the company's quarterly earnings per share came in well above analysts' expectation, but its quarterly sales fell short of analysts' forecast.
comments powered by Disqus
RELATED NEWS
Trade MDRX now with 
Follow RTT