Cerner Reports First Quarter Growth | Healthcare Informatics Magazine | Health IT | Information Technology Skip to content Skip to navigation

Cerner Reports First Quarter Growth

April 30, 2010
by root
| Reprints

Cerner Corporation announced today results for the first quarter of 2010, showing a growth in bookings, revenue, earnings and cash flow.

Bookings in the first quarter of 2010 increased to $404.9 million, up 22 percent from $332.8 million in the first quarter of 2009 and a record high for first quarter bookings. First quarter revenue was $431.3 million, up 10 percent compared to $392.3 million the same period one year ago.

On a Generally Accepted Accounting Principles (GAAP) basis, first quarter 2010 net earnings were $50.3 million, and diluted earnings per share were $0.59, also up from 2009. First quarter cash collections of $483.7 million and an operating cash flow of $105.5 million were also reported.

Cerner Corporation, headquartered in Kansas City, MO, specializes in solutions to optimize processes that eliminate error, variance and waste for healthcare organizations.

The Health IT Summits gather 250+ healthcare leaders in cities across the U.S. to present important new insights, collaborate on ideas, and to have a little fun - Find a Summit Near You!


/news-item/cerner-reports-first-quarter-growth

See more on

betebettipobetngsbahis