Allscripts announces fourth quarter and 2018 full-year results

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Allscripts (MDRX) PT Lowered to $14 at Cowen

February 22, 2019 7:12 AM EST

Cowen analyst Charles Rhyee lowered the price target on Allscripts (NASDAQ: MDRX) to $14.00 (from $16.00) while maintaining a Outperform rating following the company's 4Q. Adjusted EPS of $0.20 and revenues of $538M missed consensus of $0.21 and $563M, respectively, reflecting impact of weak 3Q bookings.

MDRX introduced... More

Allscripts (MDRX) Misses Q4 EPS by 1c, FY EPS Guidance Misses

February 21, 2019 4:16 PM EST

Allscripts (NASDAQ: MDRX) reported Q4 EPS of $0.20, $0.01 worse than the analyst estimate of $0.21. Revenue for the quarter came in at $538 million versus the consensus estimate of $563.83 million.

GUIDANCE:

Allscripts sees FY2019 EPS of $0.65-$0.70, versus the consensus of $0.81.

First quarter 2019 non-GAAP revenue... More