Allscripts Q3 revenue grows 15% from last year: 4 things to know

Allscripts released its third quarter earnings results Nov. 2.

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

1. The company posted $449.4 million in revenue for the third quarter, up 14.5 percent from $392.4 million during the same period one year prior.

2. Allscripts reported $304 million in revenue from bookings during the third quarter, up 4.5 percent from $291 million in bookings one year prior.

3. The company’s net loss totaled $17.4 million during the third quarter, compared to $100,000 in net income accrued during the third quarter last year.

4. Allscripts officials adjusted the company’s 2017 financial outlook to be at the high end of its previous estimate. Officials expect year-end revenue to be in the range of $1.79 billion to $1.82 billion.

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