The stock value of hospital information systems vendor Eclipsys Corp. rose 9% in early trading on Feb. 19 after the company exceeded profit expectations for the fourth quarter of 2009.
Atlanta-based Eclipsys in the fourth quarter had net income of $3.8 million, 14.6 percent higher than during the same period a year ago. Adjusted earnings per share of 17 cents beat analyst expectations by a nickel. Quarterly revenue rose 5.4 percent to $133.7 million.
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