Quality Systems (QSII) Tops Q2 EPS by 4c; Reaffirms

Quality Systems (NASDAQ: QSII) reported Q2 EPS of $0.23, $0.04 better than the analyst estimate of $0.19. Revenue for the quarter came in at $127.2 million versus the consensus estimate of $124.85 million.

GUIDANCE:

Quality Systems sees FY2017 EPS of $0.75-$0.81, versus the consensus of $0.76. Quality Systems sees FY2017 revenue of $495-510 million, versus the consensus of $500.48 million.

“I’m very pleased with our performance during the second quarter. The strategic investments we’ve made and the measures we’ve taken to integrate and streamline the business are starting to pay off,” commented Rusty Frantz, president and chief executive officer of Quality Systems, Inc. “Furthermore, our reinvigorated sales efforts coupled with our focus on customer relations have resulted in increased rates of customer satisfaction and favorably impacted our customer retention.”

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

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