Topeka Capital Upgrades Computer Programs and Systems (CPSI) to Buy

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Go back to Topeka Capital Upgrades Computer Programs and Systems (CPSI) to Buy

CPSI Announces Fourth Quarter and Year-End 2015 Results and 2016 Guidance

January 28, 2016 4:09 PM EST

MOBILE, Ala.--(BUSINESS WIRE)-- Computer Programs and Systems, Inc. (NASDAQ: CPSI):

Highlights:

2015 Results:

Revenues of $44.2 million for the fourth quarter and $182.2 million for the year; Earnings per diluted share of $0.30 for the quarter and $1.62 for the year; Cash provided by operations of $4.6 million for the quarter and $30.9 million for the year; Quarterly dividend of $0.64 per share; and Announced agreement to acquire Healthland Holding Inc. and its affiliates.

2016 Guidance:

Anticipated revenues of $307 million to $322 million;... More