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.
Click here to receive FREE breaking news email alerts for Allscripts Healthcare Solutions Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org