Physician software vendor Allscripts has reported strong revenue and profit growth in the fourth quarter of fiscal 2010, along with financial guidance for fiscal 2011 that are nearly in line with analyst expectations.
Chicago-based Allscripts had net income for the fourth quarter, ended May 31, of $15.7 million, up 17 percent compared with the same period a year ago. Earnings per share of 18 cents beat expectations by a penny. Quarterly revenue rose 14 percent to $190.3 million, besting expectations of $185.3 million.
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