Cerner’s bookings up 9% in Q2: 4 things to know

Cerner reported its bookings were up 9 percent during the second quarter of 2018, hitting $1.78 billion, according to earnings results posted Aug. 2.

Advertisement

Here are four things to know:

1. Cerner said revenue increased 6 percent in the second quarter ended June 30 to $1.37 billion, compared with $1.29 billion during the same period last year.

2. The company posted $169.4 million in net earnings and reported diluted earnings per share were $0.51.  

3. The majority of Cerner’s revenue came from its professional services division at $447 million, with managed services bringing in the second most revenue at $285 million.

4. Total shareholder equity in Cerner is valued at $4.88 billion, compared with $4.78 in 2017.

More articles on EHRs:

Australia’s launching a national EHR — but 20K citizens opted out on the first day
Interoperability will cut down on administrative costs, experts say at Senate panel
eClinicalWorks fined $132K for failing to comply with DOJ settlement agreement

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in EHRs / Interoperability

Advertisement

Comments are closed.