Allscripts posts $514M in Q1 revenue, up 24% from year prior: 4 things to know

Allscripts released its earnings results for the first quarter of 2018 on May 3.

Here are four things to know about the company's performance.

1. Allscripts posted $514 million in revenue for the first quarter, up 24 percent from $413.5 million during the same period last year.

2. The company reported $304 million in bookings, up 6 percent from $286 million during the first quarter of 2017.

3. Allscripts reported a net loss of $39.8 million during the first quarter, almost double the company's net loss of $20 million during the first quarter of 2017.

4. The company reaffirmed the full-year financial outlook it shared in February. Officials expect 2018 revenue to be in the range of $2.15 billion and $2.25 billion, up from $1.8 billion in 2017.

Copyright © 2022 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars