Cerner Corp. (CERN) reported net income for the fourth quarter of $60.5 million or $0.71 per share, compared to $71.5 million or $0.86 per share in the year-ago quarter.
Adjusted fourth quarter net income was $63.4 million or $0.75 per share, up from $53.6 million or $0.65 per share of adjusted net income in the fourth quarter of 2008.
Revenues for the quarter increased to $466.3 million from $465.7 million in the prior-year quarter.
On average, analysts polled by Thomson Reuters expected the company to earn $0.72 per share, on revenues of $451.17 million for the quarter. Analysts estimates typically exclude special items.
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