Allscripts Healthcare Solutions Inc. (MDRX) 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
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