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Stock impact report

Veradigm Announces New Share Repurchase Program and Initial Financial Guidance for Fiscal 2023

Veradigm Inc. (MDRX) 
Last veradigm inc. earnings: 3/2 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.allscripts.com
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)--Veradigm Inc. (NASDAQ: MDRX), formerly Allscripts Healthcare Solutions, Inc., announced today that its Board of Directors has approved a new share repurchase program under which Veradigm may purchase up to $250 million of its common stock. The new share repurchase program does not have a termination date and replaces the previous authorization to repurchase $250 million of common stock which was almost fully utilized during 2022. In the fourth quarter of 2022 Veradigm repurchased $57 million of its common stock, bringing its full year total to $234 million.The company also introduced initial financial guidance for Fiscal 2023 as follows:Revenue is expected between $640 million and $660 millionNon-GAAP earnings per share is expected between $0.90 and $1.00The company will report its financial results for the three and twelve months ended December 31, 2022 after the close of the regular stock market hours on Thursday, February 23, 2023. Veradigm management Show less Read more
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