Allscripts (MDRX) reaffirms FY non-GAAP earnings per share outlook

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Allscripts Announces Preliminary 2019 Results

January 14, 2020 8:01 AM EST

Management to present at J.P. Morgan Healthcare Conference on January 15

CHICAGO--(BUSINESS WIRE)-- Allscripts Healthcare Solutions (NASDAQ: MDRX) today announced preliminary 2019 financial results.

The company anticipates bookings(1) for 2019 of between $1,090 million to $1,110 million, an increase from the prior outlook of between $1,050 million to $1,100 million. This result implies annual bookings growth of 13 percent to 15 percent.

GAAP and Non-GAAP revenue for the fourth quarter of 2019 is expected to be between $450 million to $455 million. This represents a year-over-year increase of 2 percent to 3 percent for non-GAAP revenue.

The... More