Financial News: Cerner shows strong earnings; NightHawk revenues up
Cerner reported Q3 2006 earnings of $26.7 million, compared to $26.6 million in the same period last year, the Kansas City Business Journal reports. Revenue for the third quarter was $345.5 million, up 17 percent from $294.6 million in 2005. The company also reported new business bookings in Q3 of $352.1 million, up 17 percent from $301.1 million in bookings during the same period in 2005.
NightHawk Radiology Holdings saw record financial results Q3 2006 (ended September 30). The company reported revenues of $25.2 million, reflecting a 47 percent increase year-over-year and all-time high operating income of $8.2 million, a 52 percent improvement year-over-year. Because of these positive results, the company estimates that 2006 revenues will be in the range of $91 million to $92 million, an increase from previous guidance of $89 million to $91 million.
NightHawk Radiology Holdings saw record financial results Q3 2006 (ended September 30). The company reported revenues of $25.2 million, reflecting a 47 percent increase year-over-year and all-time high operating income of $8.2 million, a 52 percent improvement year-over-year. Because of these positive results, the company estimates that 2006 revenues will be in the range of $91 million to $92 million, an increase from previous guidance of $89 million to $91 million.