Cerner Corporation Unimpressive in 3rd Quarter, but Expects Better Days Ahead
Cerner Corporation (NASDAQ: CERN) started off 2017 with a bang, posting strong revenue and earnings growth in the first quarter. Things slowed down a bit in the second quarter, with the healthcare technology company meeting its internal expectations on both the top and bottom lines.
Headed into the third quarter, Cerner expected to make revenue somewhere between $1.265 billion and $1.325 billion, with adjusted diluted earnings per share of $0.61 to $0.63. The company announced its third-quarter results after the market closed on Thursday -- and hit its estimates, but just barely on the bottom line.
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Source: Fool.com
