Computer Programs & Systems (CPSI) Tops Q1 EPS by 20c
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CPSI Announces First Quarter 2018 Results
May 3, 2018 4:05 PM EDTHighlights for First Quarter 2018:
Revenues of $70.9 million; Recurring revenues up 3% sequentially, 8% year over year; TruBridge revenues up 22% year over year; 12-month backlog of $264.6 million; Quarterly bookings of $22.1 million; GAAP earnings per diluted share of $0.29 and non-GAAP earnings per diluted share of $0.59; GAAP net income of $4.0 million and Adjusted EBITDA of $12.7 million; Cash provided by operations of $3.1 million; and Quarterly dividend of $0.10 per share.... More