CPSI Announces Second Quarter 2016 Results
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Deutsche Bank Downgrades Computer Programs and Systems (CPSI) to Sell
August 5, 2016 7:25 AM EDTDeutsche Bank downgraded Computer Programs and Systems (NASDAQ: CPSI) from Hold to Sell with a price target of $22.00 (from $47.00). The change follows disappointing Q2 results.
"CPSI reported Q2 results well below expectations, with the miss largely driven by the legacy CPSI business and... More
Computer Programs & Systems (CPSI) Misses Q2 EPS Views; Approves Variable Dividend Policy
August 4, 2016 4:41 PM EDTComputer Programs & Systems (NASDAQ: CPSI) reported Q2 EPS of $0.48, $0.31 worse than the analyst estimate of $0.79. Revenue for the quarter came in at $68.4 million versus the consensus estimate of $74.35 million.
The Company also announced that its Board of Directors approved a variable dividend... More
