Allscripts (MDRX) Misses Q4 EPS by 1c, Offers Q1 and FY Guidance

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Go back to Allscripts (MDRX) Misses Q4 EPS by 1c, Offers Q1 and FY Guidance

Allscripts announces fourth quarter 2019 results and outlook for 2020

March 2, 2020 4:01 PM EST

Fourth quarter 2019 bookings of $312 million, up 6% year-over-year Extended Allscripts Managed Services Agreement with Northwell Health through 2026 Contract revenue backlog up $500 million to $4.4 billion as of the end of the fourth quarter

CHICAGO--(BUSINESS WIRE)-- Allscripts Healthcare Solutions, Inc. (Nasdaq: MDRX) (Allscripts) announced its financial results for the three and twelve months ended December 31, 2019.

Bookings(1) were $312 million in the fourth quarter of 2019. This result compares with $295 million in the fourth quarter of 2018. Contract revenue backlog totaled $4.4 billion as of December 31, 2019.

Fourth... More