- Quality Systems (QSII) has fallen to $14.80 after missing FQ3 revenue estimates and slightly beating on EPS. Weighing on sales: Software license/hardware revenue (drives future maintenance/support revenue) fell 25% Y/Y to $16.2M.
- Software-related subscription sales fell 1% to $11.7M; maintenance/support revenue fell 8% to $39.5M. Revenue cycle management & related service revenue rose 6% to $21.6M; electronic data interchange & data services revenue rose 8% to $20.6M; professional services revenue fell 3% to $7.4M.
- Quality Systems' FQ3 results, earnings release