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Thursday, August 8, 2019

Allscripts down 1% after hours on flat Q2 growth

Allscripts Healthcare Solutions (NASDAQ:MDRXQ2 results ($M): Revenue: 444.5 (+1%); Software delivery, support & maintenance: 285.0 (flat); Client services: 159.5 (+2%).
Bookings: 276 (+31%).
Net income: (149.9) (-332%); non-GAAP net income: 28.7 (-11%); EPS: (0.90) (-350%); non-GAAP EBITDA: 75.3 (flat).
Cash flow ops: (7.7) (-194%).
2019 guidance: Bookings: $1,050M – 1,100M from $900M – 1,000M; non-GAAP EPS: $0.65 – 0.70 (unch).

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