Net income and revenue for Cerner Corp. beat investment analyst expectations for financial performance during the first quarter of 2010, which ended April 3.

The Kansas City, Mo.-based vendor had net earnings of $50.3 million, up 23 percent from the same period a year ago. Earnings per share of 63 cents, excluding one-time items, beat expectations by two pennies. First quarter revenue increased 10 percent to $431.3 million, about $1.1 million higher than expectations.

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