Cerner Corp Earnings Climb 16% In Q1

(RTTNews) - Cerner Corp (CERN) announced a profit for its first quarter that advanced from last year.

The company said its bottom line totaled $182.40 million, or $0.53 per share. This was higher than $157.07 million, or $0.45 per share, in last year's first quarter.

Analysts had expected the company to earn $0.53 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 14.0% to $1.14 billion. This was up from $1.00 billion last year.

Cerner Corp earnings at a glance:

-Earnings (Q1): $182.40 Mln. vs. $157.07 Mln. last year. -Earnings Growth (Y-o-Y): 16.1% -EPS (Q1): $0.53 vs. $0.45 last year. -EPS Growth (Y-o-Y): 17.8% -Analysts Estimate: $0.53 -Revenue (Q1): $1.14 Bln vs. $1.00 Bln last year. -Revenue Change (Y-o-Y): 14.0%

-Guidance: Next quarter EPS guidance: $0.56 - $0.58 Next quarter revenue guidance: $1.175 - $1.25 Bln Full year EPS guidance: $2.30 - $2.40 Full year revenue guidance: $4.9 - $5.1 Bln