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Monday, March 2, 2020

Allscripts Q4 sales up 2%; cash flow ops up 191%

Allscripts Healthcare Solutions (NASDAQ:MDRX) Q4 results:
Revenue: $451M (+2.0%); bookings: $312M (+5.8%).
Net loss: ($19.0M) (-105.1%); non-GAAP net income: $28.0M (-13.8%); loss/share: ($0.12) (105.6%); non-GAAP EPS: $0.17 (-5.6%).
Non-GAAP EBITDA: $73.8M (-0.3%).
Cash flow ops: $12.4M (+191.2%).
Q1 guidance: Revenue: $420M – 430M; bookings: $175M – 200M.
2020 guidance: Revenue: $1.75B – 1.85B (consensus: $1.85B); bookings: $900M – 1,000M; non-GAAP EPS: $0.70 – 0.75 (consensus: $0.76).
CFO Rick Poulton promoted to President & CFO effective tomorrow, March 3, succeeding Dennis Olis who will be leaving the company.
https://seekingalpha.com/news/3547681-allscripts-q4-sales-up-2-cash-flow-ops-up-191

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