Cerner Corp Bottom Line Advances 9% In Q2

(RTTNews) - Cerner Corp (CERN) revealed earnings for its second quarter that increased compared to the same period last year.

The company said its bottom line climbed to $199.18 million, or $0.58 per share. This was higher than $182.95 million, or $0.52 per share, in last year's second quarter.

Analysts had expected the company to earn $0.57 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 8.0% to $1.22 billion. This was up from $1.13 billion last year.

Cerner Corp earnings at a glance:

-Earnings (Q2): $199.18 Mln. vs. $182.95 Mln. last year. -Earnings Growth (Y-o-Y): 8.9% -EPS (Q2): $0.58 vs. $0.52 last year. -EPS Growth (Y-o-Y): 11.5% -Analysts Estimate: $0.57 -Revenue (Q2): $1.22 Bln vs. $1.13 Bln last year. -Revenue Change (Y-o-Y): 8.0%

-Guidance: Next quarter EPS guidance: $0.59 - $0.61 Next quarter revenue guidance: $1.20 - $1.275 Bln Full year EPS guidance: $2.30 - $2.40 Full year revenue guidance: $4.9 - $5.0 Bln