Cerner +3.8% as bookings rise to all-time high [Seeking Alpha]
Cerner Corporation (CERN)
Last cerner corporation earnings: 4/28 04:09 pm
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US:NASDAQ Investor Relations:
cerner.com/about/investor-relations
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Source: Seeking Alpha
Cerner (NASDAQ: CERN ) shares are after hours following Q2 earnings , which were largely in line with expectations but showed bookings hitting an all-time high. Revenues rose nearly 6% and adjusted earnings crept up to $205.5M from a year-ago $199.2M. Bookings, meanwhile, rose 16% to a record $1.l636B. Revenue breakout: System sales, $347.8M (up 4.4%); Support, maintenance and services, $917.4M (up 6.6%); reimbursed travel, $26.8M (up 21.1%). It's guiding to Q3 revenue of $1.265B-$1.325B (vs. consensus for $1.295B) and EPS of $0.61-$0.63 (vs. consensus for $0.63), along with bookings between $1.45B-$1.6B. For the full year, it sees revenue at $5.15B-$5.25B (vs. expected $5.21B) and a more narrowly ranged EPS of $2.46-$2.54 (vs. $2.51 expected). Press Release Now read: Baidu +7.2% as Q2 posts double-digit gains »
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