Quality Systems (QSII) Misses Q1 EPS by 1c; Pipeline Highest Level in Two Years

Quality Systems (NASDAQ: QSII) reported Q1 EPS of $0.13, $0.01 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $117.9 million versus the consensus estimate of $114.9 million. Pipeline Increases to Highest Level in Two Years.

“As we kick off fiscal 2015, we are pleased that the Company has demonstrated significant progress this quarter. We are beginning to realize results from all the initiatives we have employed over the past year, including the restructuring of our functional organization, cross-selling of our products and services and the release of new solutions that cater to the changing healthcare market. Areas such as Revenue Cycle Management, Population Health and interoperability are positively impacting sales and marketing, both in the form of net new deals as well as cross-selling into our growing client base,” explained Steven T. Plochocki, president and chief executive officer.

For earnings history and earnings-related data on Quality Systems (QSII) click here.

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