Cerner Q2 revenue rises, but earnings slip

AuntMinnie.com staff writers
Jul 16, 2003

Healthcare information systems provider Cerner reported second-quarter revenues of $207.7 million, up 11% compared with $186.8 million in the same period last year. For the quarter (end-June 28), the Kansas City-based firm had net earnings of $8.9 million, compared with $14.7 million (including $2.7 million in gains from the sale of WebMD shares) in the second quarter of 2002.

In quarterly highlights, the firm installed a record 302 Millennium applications in the quarter, up from the previous quarterly record of 172. Cerner projects that third-quarter revenue will be between $210 million and $215 million.

By AuntMinnie.com staff writers
July 17, 2003

Related Reading

Cerner adds support for IBM hardware, June 7, 2003

Cerner posts Q1 results, April 17, 2003

Cerner lowers Q1 expectations, April 3, 2003

Cerner’s Q4 shows healthy growth, January 24, 2003

Seshadri joins Cerner, January 7, 2003

Copyright © 2003 AuntMinnie.com

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