Cerner's (CERN) Reports In-Line EPS Due to Better Than Expected GM and Tax; Cowen Cuts Price Target to $70

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Go back to Cerner's (CERN) Reports In-Line EPS Due to Better Than Expected GM and Tax; Cowen Cuts Price Target to $70

Cerner Reports Third Quarter 2015 Results

November 3, 2015 4:01 PM EST

KANSAS CITY, Mo., Nov. 3, 2015 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq: CERN) today announced results for the 2015 third quarter that ended October 3, 2015.

Bookings in the third quarter of 2015 were $1.59 billion, an all-time high and an increase of 44% compared to $1.1 billion in third quarter 2014.

Third quarter revenue was $1.128 billion, an increase of 34% compared to $840.1 million in the year-ago period.

On a U.S. Generally Accepted Accounting Principles (GAAP) basis, third quarter 2015 net earnings were... More

Cerner Reports Third Quarter 2015 Results

November 3, 2015 4:01 PM EST

KANSAS CITY, Mo., Nov. 3, 2015 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq: CERN) today announced results for the 2015 third quarter that ended October 3, 2015.

Bookings in the third quarter of 2015 were $1.59 billion, an all-time high and an increase of 44% compared to $1.1 billion in third quarter 2014.

Third quarter revenue was $1.128 billion, an increase of 34% compared to $840.1 million in the year-ago period.

On a U.S. Generally Accepted Accounting Principles (GAAP) basis, third quarter 2015 net earnings were... More