Allscripts ends 2019 with $182M net loss: 4 notes   

While Allscripts reported a $182.6 million net income loss for fiscal year 2019, the company’s total year-over-year revenue increased 1.2 percent to $1.77 billion.

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Four notes:

1. Allscripts posted $1.77 billion in revenue for the full year, up 1.2 percent from $1.75 billion in 2018.

2. Allscripts’ revenue for the fourth quarter also grew at $451 million, up 1.9 percent from $442.3 million during the fourth quarter of 2018.

3. Allscripts reported $312 million in bookings for the fourth quarter, up 6 percent year over year. In the fourth quarter of 2018, Allscripts posted $295 million in bookings.

4. Allscripts anticipates its full year 2020 revenue between $1.75 billion and $1.85 billion.

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