Computer Programs & Systems (CPSI) Misses Q2 EPS by 18c

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Go back to Computer Programs & Systems (CPSI) Misses Q2 EPS by 18c

CPSI Announces Second Quarter 2023 Results

August 9, 2023 4:05 PM EDT

MOBILE, Ala.--(BUSINESS WIRE)-- CPSI (NASDAQ: CPSI), a healthcare solutions company, today announced results for the second quarter ended June 30, 2023.

Second Quarter 2023 Financial Overview

All comparisons are to the quarter ended June 30, 2022, unless otherwise noted.

Bookings of $21.9 million compared to $23.8 million Total revenue of $84.6 million compared to $82.7 million RCM revenue of $47.8 million compared to $46.8 million RCM revenue represented 58.2% of CPSIs total recurring revenue and 56.4% of CPSIs total revenue GAAP net loss of $(2.8) million and... More