Cerner reported its bookings were up 9 percent during the second quarter of 2018, hitting $1.78 billion, according to earnings results posted Aug. 2.
Here are four things to know:
1. Cerner said revenue increased 6 percent in the second quarter ended June 30 to $1.37 billion, compared with $1.29 billion during the same period last year.
2. The company posted $169.4 million in net earnings and reported diluted earnings per share were $0.51.
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3. The majority of Cerner’s revenue came from its professional services division at $447 million, with managed services bringing in the second most revenue at $285 million.
4. Total shareholder equity in Cerner is valued at $4.88 billion, compared with $4.78 in 2017.
Date: August 6, 2018
Source: beckershospitalreview