Allscripts bookings up 19% in Q3: 5 notes

Allscripts posted $236 million in bookings for the third quarter of 2019, which ended Sept. 30.

Five notes:

1. The Chicago-based EHR vendor reported 19 percent increase in bookings for the third quarter, up from $198 million during the same time last year.

2. Allscripts posted $444.2 million in revenue for the third quarter, a 2.7 percent increase from $432.5 during the third quarter of 2018.  

3. Software delivery, support and maintenance made up the majority of Allscripts' total revenue for the third quarter at $284.4 million. The remaining revenue is attributed to client services at $159.8 million.

4. The company reported a slight dip in net income for the third quarter at $28 million, down 3 percent from $29 million during the same time last year.

5. Allscripts anticipates its full-year 2019 bookings to be between $1.05 billion and $1.1 billion.

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