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Cerner (CERN +12.4%) pops after easily beating Q3 estimates late yesterday. Net profit rose 25%...

Cerner (CERN +12.4%) pops after easily beating Q3 estimates late yesterday. Net profit rose 25% Y/Y on record sales and the rollout of its new cloud-based services for physicians. Operating margin widened to 22.1% from 21.1%, as operating expenses rose 15%. The company ups its guidance once again, raising the lower end of its FY12 earnings range by two cents to between $2.34 to $2.36 a share. It also raised its revenue forecast, now expecting between $2.63B and $2.66B, up from previous estimates of $2.58B to $2.63B.

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Comments (1)
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    I was hoping this would happen.

     

    Whew!
    26 Oct 2012, 12:53 PM Reply Like
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