Nexgen Biofuels (NXGN) Tops Q2 EPS by 5c

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NextGen Healthcare, Inc. Reports Fiscal 2019 Second Quarter Results

October 30, 2018 4:15 PM EDT

IRVINE, Calif.--(BUSINESS WIRE)-- NextGen Healthcare, Inc. (NASDAQ: NXGN) announced today its fiscal 2019 second quarter ended September 30, 2018 operating results.

"We continued to execute on our strategic plan in the second quarter of fiscal 2019, delivering another strong quarter of bookings including signing larger, more complex, subscription oriented deals. These larger deals take longer to implement, causing a delay in revenue recognition, which combined with an uptick in attrition have resulted in a temporal shortfall in revenue. While we remain committed to our multi-year growth targets due to the strength of our bookings and... More