Allscripts Healthcare Solutions Inc. Q1 Income Rises 68%

(RTTNews) - Allscripts Healthcare Solutions Inc. (MDRX) released a profit for its first quarter that rose from last year.

The company said its bottom line rose to $25.0 million, or $0.13 per share. This was up from $14.9 million, or $0.08 per share, in last year's first quarter.

Analysts had expected the company to earn $0.12 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.3% to $345.6 million. This was up from $334.6 million last year.

Allscripts Healthcare Solutions Inc. earnings at a glance:

-Earnings (Q1): $25.0 Mln. vs. $14.9 Mln. last year. -Earnings Growth (Y-o-Y): 67.8% -EPS (Q1): $0.13 vs. $0.08 last year. -EPS Growth (Y-o-Y): 62.5% -Analysts Estimate: $0.12 -Revenue (Q1): $345.6 Mln vs. $334.6 Mln last year. -Revenue Change (Y-o-Y): 3.3%

-Guidance: Full year EPS guidance: $0.55 - $0.62 Full year revenue guidance: $1.58 - $1.61 Bln