NextGen Healthcare, Inc. (NASDAQ:NXGN) is reporting second quarter financial results on Thursday 22nd October 2020, after market close.
According to analysts surveyed by Thomson Reuters, NXGN is expected to report 2Q21 income of $ 0.20 per share from revenue of $ 133.04 million.
For the full year, analysts anticipate top line of $ 540.00 million, while looking forward to income of $ 0.79 per share bottom line.
Previous Quarter Performance
NextGen Healthcare, Inc. unwinded income for the first quarter of $ 0.21 per share, from the revenue of $ 130.88 million. The quarterly earnings raised 31.25 percent while revenues dropped 4.00 percent compared with the same quarter last year.
Street analysts expected NextGen Healthcare, Inc. to report income of $ 0.08 per share on revenue of $ 114.38 million for the first quarter. The bottom line results beat street analysts by $ 0.13 or 162.50 percent, at the same time, top line results outshined analysts by $ 16.50 million or 14.43 percent.
Stock Performance
Shares of NextGen Healthcare, Inc. traded up $ 0.35 or 2.57 percent on Wednesday, reaching $ 13.95 with volume of 256.60 thousand shares. NextGen Healthcare, Inc. has traded high as $ 14.10 and has cracked $ 13.34 on the downward trend
The closing price of $ 13.95, representing a 166.67 % increase from the 52 week low of $ 5.10 and a 26.45 % decrease over the 52 week high of $ 18.49.
The company has a market capital of $ 930.04 million and is part of the Technology sector and Health Information Services industry.
Conference Call
NextGen Healthcare, Inc. will be hosting a conference call at 5:00 PM eastern time on 22nd October 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.nextgen.com
NextGen Healthcare, Inc. provides ambulatory-focused healthcare software and services solutions in the United States. The companys principal products include NextGen Enterprise electronic health record (EHR), which stores and maintains clinical patient information; and a workflow module, prescription management, automatic document and letter generation, patient education, referral tracking, interfaces to billing and lab systems, physician alerts and reminders, and reporting and data analysis tools.
