Fierce Healthcare May 3, 2022
Health IT giant Cerner brought in $206 million in net earnings for the first quarter of 2022, up 20% from $172 million during the same period a year ago.
The company’s bottom line grew slightly, up 3% from $1.39 billion during the first quarter in 2021 to $1.43 billion this past quarter, according to its financial release (PDF).
The company’s GAAP-diluted earnings per share was 70 cents, a 25% increase from the first quarter of 2021. Earnings, adjusted for one-time gains and costs, were 89 cents per share, up 17% from a year ago, and the results met Wall Street estimates.
Cerner’s first-quarter revenue did not meet Street forecasts. Three analysts surveyed by Zacks expected $1.47...
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