Allscripts Healthcare Solutions, Inc. (NASDAQ:MDRX) is expected to report third quarter earnings results, after market close, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.19 per share.
Looking ahead, the full year income are expected at $ 0.67 per share on the revenues of $ 1676.93 million.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 1,750.00 million ~ $ 1,850.00 million, where as bottomline are predicted in a range of $ 0.70 ~ $ 0.75 per share
Click Here For More Historical Outlooks Of Allscripts Healthcare Solutions, Inc.
Previous Quarter Performance
Allscripts Healthcare Solutions, Inc. communicated income for the second quarter of $ 0.18 per share, from the revenue of $ 406.20 million. The quarterly earnings swell 5.88 percent while revenues fell 8.72 percent compared with the same quarter last year.
Street analysts expected Allscripts Healthcare Solutions, Inc. to report income of $ 0.12 per share on revenue of $ 398.96 million for the second quarter. The bottom line results beat street analysts by $ 0.06 or 50.00 percent, at the same time, top line results outshined analysts by $ 7.24 million or 1.81 percent.
Stock Performance
Shares of Allscripts Healthcare Solutions, Inc. traded low $ -0.49 or -4.76 percent on Wednesday, reaching $ 9.80 with volume of 2.17 million shares. Allscripts Healthcare Solutions, Inc. has traded high as $ 10.23 and has cracked $ 9.72 on the downward trend
According to the previous trading day, closing price of $ 9.80, representing a 125.66 % increase from the 52 week low of $ 4.56 and a 12.94 % decrease over the 52 week high of $ 11.82.
The company has a market capital of $ 1.60 billion and is part of the Technology sector and Application Software industry.
Conference Call
Allscripts Healthcare Solutions, Inc. will be hosting a conference call at 4:30 PM eastern time on 29th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.allscripts.com
Allscripts Healthcare Solutions, Inc. provides information technology solutions and services to healthcare organizations in the United States, Canada, and internationally. It offers electronic health records (EHR), connectivity, private cloud hosting, outsourcing, analytics, patient engagement, clinical decision support, and population health management solutions.
