Allscripts Loss In Line, Revenue Misses; Stock Down 5% On Weak Guidance

(RTTNews) - Allscripts Healthcare Solutions Inc (MDRX), an electronic health records company, on Thursday reported fourth-quarter net loss of $2.2 million or $0.01 per share compared with a loss of $20.6 million or $0.12 per share last year.

Excluding items, adjusted earnings for the quarter were $0.09 per share compared with $0.08 per share a year ago.

Analysts polled by Thomson Reuters estimated earnings of $0.09 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter were $340.9 million compared with $351 million in the prior year. Adjusted revenues totaled $343.2 million compared with $354 million in the prior year.

Analysts estimated revenues of $357.5 million for the quarter.

Gross margin for the quarter rose to 43.9 percent from 44.4 percent last year, and operating expenses fell 19 percent, the company said.

For the full year 2015, the company expects earnings of $0.42 to $0.50 per share on revenues of $1.43 billion to $1.46 billion. Analysts expect earnings of $0.47 per share on revenues of $1.48 billion.