Computer Programs & Systems (CPSI) Misses Q2 EPS by 23c

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CPSI Announces Second Quarter 2018 Results

August 2, 2018 4:05 PM EDT

Company Announces Quarterly Cash Dividend of $0.10 Per Share

MOBILE, Ala.--(BUSINESS WIRE)-- CPSI (NASDAQ: CPSI):

Highlights for Second Quarter 2018:

Revenues of $67.9 million; Recurring revenues up 1% sequentially, 7% year over year; 12-month backlog of $267 million; Quarterly bookings of $23.5 million; GAAP earnings per diluted share of $0.02 and non-GAAP earnings per diluted share of $0.34; GAAP net income of $0.3 million and non-GAAP net income of $4.7 million; Adjusted EBITDA of $8.1 million;... More