The stock price of Cerner Corp. rose about three percent on July 29 after the Kansas City-based vendor reported second quarter financial results that exceeded investment analysts' expectations.
Kansas City, Mo.-based Cerner had second quarter net income of $55.5 million, a 27 percent increase compared with the same period a year ago. Earnings per share of 69 cents beat expectations by a penny. Quarterly revenue rose 13 percent to $456 million, nearly $7 million more than expected.
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