More on Cerner's (CERN) Q1: Bookings rise 23% Y/Y to $801.6M, an all-time Q1 high. Weakness in...

|About: Cerner Corporation (CERN)|By:, SA News Editor

More on Cerner's (CERN) Q1: Bookings rise 23% Y/Y to $801.6M, an all-time Q1 high. Weakness in low-margin technology resale puts a dent in revenue growth but has no material effect on net income. Total backlog rose 21% Y/Y and 3.7% sequentially to $7.58B. Guidance: Q2 EPS and revenue of $0.66-$0.68 and $705-735M respectively; FY13 EPS and revenue of $2.78-2.83 and $2.95-3.05B respectively. Shares + 2.33% AH. (PR)