MEDITECH Q2 revenue falls 16%, income slides 27%

In the second quarter ended June 30, 2015, MEDITECH's revenue and income both took a downward turn from the same period of the previous year.

MEDITECH's second quarter revenue this year was $117.14 million, a 16 percent decrease from the previous year's second quarter revenue of $139.09 million.

Earnings per share also fell from $0.63 from last year's second quarter to $0.46.

MEDITECH's profit of $17.25 million was 27 percent lower than its profit in the second quarter of 2014, which totaled $23.56 million.

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