Skip to content Skip to navigation

CPSI 2009 Earnings Down

February 8, 2010
by vciotti
| Reprints

Computer Products & Services (CPSI) just announced 2009 financial results, and they slipped a tad: for the 4th quarter, net income was down 26% to $3.6M, while revenue increased 5% to $33.8M. For the year, net income was only down 1.6% from 2008, while annual revenue was up 7% to $127M. Result? Stock dropped 17% on January 29.


All you struggling start-ups dreaming to go public: be careful what you wish for, you may get it! Wall Street is merciless: one tiny glitch and you're toast! Stay private as long as you can, like Meditech and Epic. Their gazillionaire executives have no one to answer to but themselves...

Topics

vciotti

Vince Ciotti's HIS Vendor blog covers the latest developments in the vendor scene such as:...