CPSI Revenues Up in Q1

Total sales revenues for health IT vendor CPSI increased to $52.1 million during the most recent quarter ended March 31, up from $49.5 million during the same period last year.

The increased revenues translated into $7.7 million in net profit during Q1, compared with $6.9 million during the first quarter of 2013. Earnings per share hit $0.69 this past quarter and will result in a dividend of $0.57 per share.

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