Cerner (CERN -6%) slips after posting a Q2 report that beat on the bottom line, but forecasting...


Cerner (CERN -6%) slips after posting a Q2 report that beat on the bottom line, but forecasting gloomy Q3 guidance. Net earnings rose 36% as the hospital-information technology vendor saw revenue jump in both its main segments, led by system sales. For the current quarter, Cerner expects earnings between $0.57 and $0.59 on revenue of $635M to $655M. Street expectations are for an EPS of $0.59 on revenue of $652M.
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  • TwistTie
    , contributor
    Comments (2429) | Send Message
     
    Did anybody listen to the earnings call?

     

    I did.

     

    This is a buying opportunity.
    27 Jul 2012, 12:46 PM Reply Like
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