Cerner Reports Fourth Quarter and Full Year 2017 Results
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: GlobeNewswire
KANSAS CITY, Mo., Feb. 06, 2018 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq:CERN) today announced results for the 2017 fourth quarter and full year that ended December 30, 2017. Bookings in the fourth quarter of 2017 were $2.329 billion, which is an all-time high and an increase of 62 percent compared to $1.437 billion in the fourth quarter of 2016. Full-year 2017 bookings were also a record at $6.325 billion, up 16 percent compared to 2016 bookings of $5.446 billion. Fourth quarter revenue was $1.314 billion, an increase of 4 percent compared to $1.258 billion in the fourth quarter of 2016 and in the Company’s guidance range. Full-year 2017 revenue was $5.142 billion, up 7 percent compared to 2016 revenue of $4.796 billion. On a U.S. Generally Accepted Accounting Principles (GAAP) basis, fourth quarter 2017 net earnings were $336.7 million and diluted earnings per share were $1.00. Fourth quarter 2016 GAAP net earnings were $149.7 million and diluted earnings per share were
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