CPSI Announces First Quarter 2021 Results
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Computer Programs and Systems (CPSI) PT Raised to $34 at Cantor Fitzgerald Following Earnings
May 11, 2021 11:46 AM EDTCantor Fitzgerald analyst Steven Halper raised the price target on Computer Programs and Systems (NASDAQ: CPSI) to $34.00 (from $33.00) while maintaining a Overweight rating.
The analyst commented, "We maintain our Overweight rating on CPSI shares and increased our price target slightly to $34 from... More
Computer Programs & Systems (CPSI) Tops Q1 EPS by 9c
May 10, 2021 4:50 PM EDTComputer Programs & Systems (NASDAQ: CPSI) reported Q1 EPS of $0.64, $0.09 better than the analyst estimate of $0.55. Revenue for the quarter came in at $68 million versus the consensus estimate of $67.57 million.
Commenting on the Companys financial performance for the first quarter of 2021, Matt Chambless, chief financial officer of CPSI, stated, The resiliency of our customers continues to result in incremental improvement in patient volumes, propelling TruBridge to another all-time high in quarterly revenues. Our commitment to develop a more predictable revenue model through expanded recurring revenue sources continues to transform our business, with recurring revenues... More
