Eclipsys posts Q3 financial results

Healthcare informatics firm Eclipsys of Atlanta posted gains in its third-quarter financial results.

For the quarter (end-September 30), revenues increased by 11.5% to $121.1 million, compared to $108.6 million in 2006. Net income for the third quarter was $8.9 million, compared to $5.6 million for the same period in 2006.

The company expects 2007 revenues to range from $473 million to $476 million, slightly down from its earlier predictions, due to the company's decision to withdraw from the networking services business.

By AuntMinnie.com staff writers
November 1, 2007

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