Cerner Corporation Beats Expectations in the 2nd Quarter [The Motley Fool]
Athena Technology Acquisition Corp. Class A (ATHN)
Last athena technology acquisition corp. class a earnings: 11/9 04:01 pm
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Source: The Motley Fool
Solid growth in professional-services revenue boosts the healthcare technology provider's top line. As a result of Cerner Corporation 's ( NASDAQ:CERN ) weak first-quarter results , the company lowered its full-year 2018 outlook. The healthcare technology provider even projected that its second-quarter adjusted earnings could drop from the prior-year period. This caused investors to have lower expectations for Cerner's second quarter. However, when the company announced its second-quarter results after the market close on Thursday, its performance wasn't nearly as bad as some feared it would be. Here are the highlights from Cerner's second-quarter update. Image source: Getty Images. Cerner results: The raw numbers Metric Q2 2018 Q2 2017 Year-Over-Year Change Sales $1.37 billion $1.29 billion 5.9% Net income from continuing operations $169.4 million $179.7 million (5.7%) Adjusted earnings
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