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CPSI: Q1 Earnings Insights

Shares of CPSI (NASDAQ:CPSI) were unchanged after the company reported Q1 results. Quarterly Results Earnings per share were up 4.92% year over year to $0.64, which beat the estimate of $0.55.

05/10/2021 17:13

Shares of CPSI (NASDAQ:CPSI) were unchanged after the company reported Q1 results.

Quarterly Results

Earnings per share were up 4.92% year over year to $0.64, which beat the estimate of $0.55.

Revenue of $68,005,000 declined by 2.51% year over year, which beat the estimate of $67,570,000.

Looking Ahead

CPSI hasn't issued any earnings guidance for the time being.

CPSI hasn't issued any revenue guidance for the time being.

Technicals

52-week high: $36.37

Company's 52-week low was at $19.57

Price action over last quarter: down 4.82%

Company Description

Computer Programs and Systems Inc is a provider of healthcare solutions and services for community hospitals and post-acute care facilities. The company's segment includes Acute Care EHR, Post-acute Care EHR, and TruBridge. Acute Care EHR segment consists of acute care software solutions and support sales generated by Evident and Health and. Post-acute Care EHR segment consists of post-acute care software solutions and support sales generated by AHT, and TruBridge segment primarily consists of business management, consulting and managed IT services sales generated by TruBridge and the sale of Rycan's revenue cycle management workflow and automation software. It generates a majority of its revenue from the Acute Care EHR segment.