Quality Systems (QSII) Tops Q2 EPS by 7c

Quality Systems (NASDAQ: QSII) reported Q2 EPS of $0.21, $0.07 better than the analyst estimate of $0.14. Revenue for the quarter came in at $125.4 million versus the consensus estimate of $124.78 million.

“As part of our ongoing strategy, we remain focused on further expanding upon the Company’s leadership position in the ambulatory space by delivering the client experience, software and services that help our clients navigate the transition to a value-based healthcare economy. The just-announced divestiture of our Hospital Solutions division helps pave a clearer path for our commitment to our core ambulatory business,” explained Rusty Frantz, president and chief executive officer.

“We are also pleased to show continued progress again this quarter in terms of improving the Company’s financial performance as well as demonstrating the benefits of our increased focus on cost containment initiatives. These efforts aid in ensuring availability of continued capital to reinvest in the growth and future of our business and platform,” Frantz said.

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

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