Allscripts Healthcare Posts Q3 Loss

(RTTNews) - Allscripts Healthcare Solutions Inc. (MDRX) Thursday reported third-quarter net loss of $48.9 million or $0.27 per share, compared to net income of $9.4 million or $0.05 per share last year.

Adjusted earnings for the quarter were $0.05 per share compared to $$0.23 per share last year. On average, 23 analysts polled by Thomson Reuters expected the company to earn $0.08 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter dropped to $330.2 million from $360.7 milion a year ago. Adjusted revenues were $334.2 million compared to $361.0 million a year ago. Analysts estimated revenues of $353.42 million.