Sneak Preview of Computer Programs and Systems, Inc. ($CPSI) 2Q20 Earnings

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Computer Programs and Systems, Inc. (NASDAQ:CPSI) is reporting second quarter earnings results on Tuesday 4th August 2020, after market close.

The consensus estimates from Thomson Reuters are income of $ 0.38 per share.

For the full year, analysts predict revenues of $ 260.47 million, while looking forward to income of $ 2.12 per share.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 280.00 million ~ $ 290.00 million

Click Here For More Historical Outlooks Of Computer Programs and Systems, Inc.

Previous Quarter Performance

Computer Programs and Systems, Inc. reported income for the first quarter of $ 0.61 per share, from the revenue of $ 69.76 million. The quarterly earnings lowered 1.61 percent while revenues increased 0.90 percent compared with the same quarter last year.
Street analysts expected Computer Programs and Systems, Inc. to report income of $ 0.57 per share on revenue of $ 69.11 million for the first quarter. The bottom line results beat street analysts by $ 0.04 or 7.02 percent, at the same time, top line results outshined analysts by $ 0.65 million or 0.94 percent.

Historical Earnings Performance
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Click Here For More Historical Earnings Of Computer Programs and Systems, Inc.

Stock Performance

According to the previous trading day, closing price of CPSI was $ 26.44, representing a 56.17 % increase from the 52 week low of $ 16.93 and a 26.1 % decrease over the 52 week high of $ 35.78.

The company has a market capital of $ 383.70 million and is part of the Technology sector and Health Information Services industry.

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Recent Stock Dividend Announcement

On May 5, 2020, the board of directors authorized quarterly dividend of $ 0.10 per share to holders of record as of the close of business on May 15, 2020, with payment date of May 29, 2020 and ex-dividend date on May 14, 2020.

Conference Call

Computer Programs and Systems, Inc. will be hosting a conference call at 4:30 PM eastern time on 4th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cpsi.com

Computer Programs and Systems, Inc. provides healthcare information technology solutions and services in the United States and the Caribbean nation of St. Maarten.