Cerner revenue up 10% in Q2, but net earnings fall 75%: 5 things to know 

Listen

Cerner posted $1.457 billion in revenue for the second quarter of 2021 and $32.7 million in net earnings, the Kansas City, Mo.-based EHR vendor reported July 30. 

Five things to know: 

1. Cerner's revenue in the second quarter was up 10 percent from $1.33 billion in the second quarter of 2020. 

2. The company reported $32.7 million in net earnings, down 75 percent from $134.7 million during the same time period last year. 

3. Cerner's professional services division led the company's revenue drivers for the second quarter at $537.1 million. 

4. Following professional services, the company saw the most revenue through its managed services at $320.8 million; support and maintenance at $259.6 million; and licensed software at $175.2 million. 

5. The company said it expects its third quarter revenue to increase 6 percent from its third quarter of 2020 revenue.

 

Copyright © 2021 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars