Computer Programs & Systems (CPSI) Tops Q3 EPS by 31c

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CPSI Announces Third Quarter 2018 Results

November 1, 2018 4:05 PM EDT

Company Announces Quarterly Cash Dividend of $0.10 Per Share

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

Highlights for Third Quarter 2018:

Revenues of $69.3 million; Recurring revenues up 4% year over year; TruBridge bookings of $7.3 million; total quarterly bookings of $18.8 million; 13 system installations scheduled for completion during the fourth quarter; GAAP earnings per diluted share of $0.41 and non-GAAP earnings per diluted share of $0.79; GAAP net income of $5.7 million and non-GAAP net income of $10.7 million;... More