Cerner Q1 shows double-digit sales increase

AuntMinnie.com staff writers
Apr 19, 2007

Healthcare information systems provider Cerner of Kansas City, MO, reported growth in sales and earnings for its fiscal 2007 first quarter (end-March 31).

For the period, the company posted revenues of $365.9 million, a 14% increase compared with the $321.2 million recorded in the same quarter last year.

Net earnings for the firm also rose, to $27.9 million during the first three months of the fiscal year, compared with the $20.1 million in earnings posted for the first quarter of fiscal 2006.

The company said it expects revenue in the second quarter of 2007 to be approximately $370 million to $380 million. For the year 2007, Cerner stated that it expects revenue between $1.54 billion and $1.57 billion, or growth of 12% to 14% over 2006.

By AuntMinnie.com staff writers
April 20, 2007

Related Reading

Cerner posts strong Q4, February 2, 2007

Cerner launches Millennium 2007, November 15, 2006

Road to RSNA, Cerner, November 7, 2006

Road to RSNA, Cerner, October 31, 2006

Cerner shows strong Q3 sales, October 20, 2006

Copyright © 2007 AuntMinnie.com

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