Information systems provider Cerner reported record third-quarter revenues of $190.3 million, up 36% compared with the $139.9 million posted in the same period in 2001. For the quarter (end-September 28), the Kansas City-based firm had net earnings of $13.8 million, compared with net earnings of $9.2 million in the third quarter of 2001.
For the year to date, Cerner had revenues of $546.2 million, up 40% from $390.7 million in 2001. The vendor had net earnings (before nonrecurring items) of $36.1 million, an increase of 56% compared with $23.2 million at this point in 2001.
Looking ahead, the information systems vendor said it is comfortable with analysts’ revenue estimates between $870 million and $880 million, up from a prior range of $850 million to $870 million.
By AuntMinnie.com staff writersOctober 17, 2002
Related Reading
Cerner acquires Image Devices, August 21, 2002
Colorado MedTech, Cerner team up, August 16, 2002
Cerner turns in record Q4, January 25, 2002
Cerner closes Dynamic purchase, December 19, 2001
Cerner bids for Dynamic Healthcare Technologies, September 6, 2001
Copyright © 2002 AuntMinnie.com
