Quality Systems (QSII) Tops Q1 EPS by 1c, Trims FY EPS Guidance
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August 2, 2017 8:51 AM EDT
Jefferies raised its price target on Quality Systems (NASDAQ: QSII) to $15.50 (from $13.00) while maintaining a Hold rating. F1Q18 results were better than expected, though bookings lagged. QSII reported 1Q bookings of $23.5M, down 6% from $24.9M last year.
FY18 revenue guidance was... More
August 1, 2017 6:55 AM EDT
NextGen Healthcare Information Systems, LLC, a wholly owned subsidiary of Quality Systems, Inc. (NASDAQ: QSII), announced today an agreement to acquire EagleDream Health Inc., a cloud-based analytics company that drives meaningful insight across clinical, financial and administrative data to optimize practice performance. The transaction is expected to close in the current quarter upon the satisfaction of customary closing conditions and will be settled in all cash with a value of... More
