Healthcare informatics firm Eclipsys reported fiscal 2005 fourth-quarter revenues of $105.1 million, an increase of 20.5% compared with revenues of $87.2 million in the fourth quarter of fiscal 2004.
For the period (end-December 31) the Boca Raton, FL-based firm posted net income of $5 million, a $7.9 million turnaround when compared with the net loss of $2.9 million reported for the same period in 2004.
The 2005 fiscal year saw the developer post a 24% increase in revenues to $383.3 million, compared with $309.1 million in revenues for the 2004 fiscal year. Net income for the year was $485,000, compared with a loss of $32.6 million in 2004, a $33.1 million improvement over the previous year.
By AuntMinnie.com staff writersFebruary 23, 2006
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