Here are five things to know about the company’s performance.
1. Bookings in the fourth quarter were at an all-time high of $2.33 billion, representing a 62 percent increase compared to the same period in 2016. Full-year 2017 bookings were also a record at $6.33 billion, up 16 percent from 2016.
2. Fourth quarter revenue was $1.31 billion, a 4 percent increase compared to the same period in 2016. Full-year 2017 revenue was $5.14 billion, up 7 percent compared to one year prior.
3. For the full-year 2017, net earnings were $866.98 million and diluted earnings per share were $2.57, compared to 2016’s net earnings of $636.48 million and diluted earnings per share of $1.85.
4. Cerner posted $3.33 billion in operating expenses on $960 million operating earnings.
5. Cerner expects first quarter 2018 revenue between $1.31 billion and $1.37 billion and adjusted diluted earnings per share between $0.57 and $0.59.
More articles on EHRs:
Martin County Hospital to deploy Cerner CommunityWorks
Johns Hopkins Aramco Healthcare in Saudi Arabia goes live on Epic EHR
Meditech posts $480M in year-end revenue, up 4% from 2016: 4 things to know
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
