FREE Health Data Management Site Registration

Sign up today and access the leading source of Health Care I.T. information on the Web.
Your FREE site registration entitles you to:

Free Health Data Management e-newsletter
 
Search more than 12,000 articles
 
Access Web Seminars on a host of I.T. topics
 
White Papers and Industry Research that provide valuable insights on a variety of technologies and implementation issues
 
Podcasts, updates on industry events, and much more!

 
   

Profit, Sales Up for Eclipsys


July 31, 2008

The stock price of Eclipsys Corp. rose slightly in morning trading on July 31 after the Atlanta-based hospital software vendor beat investment analysts’ expectations for the second quarter of 2008.

Net income in the quarter for Eclipsys rose 49% to $8.5 million, compared with the same period last year. Excluding certain items, earnings per share totaled 24 cents, a penny higher than expected. Quarterly revenue increased 11% to $132.1 million, which was $4 million above expectations.

Eclipsys attributed better financial performance, in part, to improved sales from St. Louis-based Enterprise Performance Systems Inc., which was acquired in February.

For the first half of 2009, Eclipsys had net income of $8.8 million, up 9%, while revenue increased 11% to $256.5 million. More information is available at eclipsys.com.

Decision Support Archive
Electronic Health Records Archive
Hardware Archive
Medication Management Archive
Mobile Tech Archive
Revenue Cycle Management Archive
Vendor News Archive
Hospitals Archive

I.T. Spotlights