Image management firm Emageon said that revenues from its current business will range between $136 million and $140 million in 2007.
Approximately 58% of this revenue is expected to come from system sales, while 42% will be generated from support services, the Birmingham, AL-based firm estimated. Earnings per share are expected to range between 24¢ and 29¢ per share, based on net income of $5.3 million to $6.5 million.
Emageon also said it's now providing financial guidance only in terms of its expectation for its organic business in light of its current business model; the firm is no longer factoring in assumptions regarding possible business acquisitions. Emageon said, though, that it continues to actively pursue and expects to make strategic acquisitions.
By AuntMinnie.com staff writers
January 9, 2007
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