Allscripts Healthcare Solutions Inc. Reveals 18% Gain In Q2 Earnings

(RTTNews) - Allscripts Healthcare Solutions Inc. (MDRX) revealed a profit for its second quarter that increased compared to the same period last year.

The company said its bottom line rose to $26.8 million, or $0.14 per share. This was up from $22.8 million, or $0.12 per share, in last year's second quarter.

Analysts had expected the company to earn $0.14 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 9.9% to $386.5 million. This was up from $351.7 million last year.

Allscripts Healthcare Solutions Inc. earnings at a glance:

-Earnings (Q2): $26.8 Mln. vs. $22.8 Mln. last year. -Earnings Growth (Y-o-Y): 17.5% -EPS (Q2): $0.14 vs. $0.12 last year. -EPS Growth (Y-o-Y): 16.7% -Analysts Estimate: $0.14 -Revenue (Q2): $386.5 Mln vs. $351.7 Mln last year. -Revenue Change (Y-o-Y): 9.9%

-Guidance: Full year EPS guidance: $1.580 - $1.610 Bln Full year revenue guidance: $0.55 - $0.62