Computer Programs & Systems (CPSI) Tops Q4 EPS by 8c

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CPSI Announces Fourth Quarter and Year-end 2019 Results

February 11, 2020 4:05 PM EST

Company Reports Record Operating Cash Flows, Targets Three-Year Average Organic Recurring Revenue Growth Rate of 5% to 8%

Highlights for Fourth Quarter 2019:

Revenues of $70.6 million; Total bookings of $27.3 million; TruBridge bookings of $9.6 million; GAAP earnings per diluted share of $0.78 and non-GAAP earnings per diluted share of $0.78; GAAP net income of $11.2 million and Adjusted EBITDA of $14.8 million; and Cash provided by operations of $18.1 million.

 

MOBILE, Ala.--(BUSINESS WIRE)-- CPSI (NASDAQ: CPSI), a community healthcare solutions company, today announced results... More