Computer Programs & Systems (CPSI) Tops Q1 EPS by 15c

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Go back to Computer Programs & Systems (CPSI) Tops Q1 EPS by 15c

CPSI Announces First Quarter 2022 Results

May 3, 2022 4:05 PM EDT

Highlights for First Quarter 2022: 

Revenues of $77.9 million; GAAP net income of $8.1 million and non-GAAP net income of $11.6 million; GAAP earnings per diluted share of $0.55 and non-GAAP earnings per diluted share of $0.81; Adjusted EBITDA of $16.2 million; Bookings of $20.4 million; Cash provided by operations of $11.8 million; Net debt of $125.5 million; and Subsequent announcement of amendment to credit facilities in order to facilitate a continued strategy of M&A to supplement significant organic growth opportunities

MOBILE, Ala.--(BUSINESS WIRE)-- CPSI (NASDAQ:... More