Report
Anna Baran
EUR 100.00 For Business Accounts Only

Allscripts Healthcare Solutions' First Quarter Largely as Expected; EPS Guidance Reaffirmed

Allscripts Healthcare Solutions reported results that were slightly better than our and consensus expectations, but the realignment in segment reporting and various moving parts make comparisons challenging. Overall bookings were up 9% and management noted strength in both the Provider and Veradigm segments. We maintain our no-moat rating and fair value estimate.
For the fiscal first quarter, revenue declined 1% year over year to $433 million, while normalized EPS grew 7% year over year to $0.16...
Underlying
Allscripts Healthcare Solutions Inc.

Allscripts Healthcare Solutions delivers information technology solutions and services. The company is engaged in providing electronic health records (EHRs), financial management, population health management, medicine and consumer solutions. The company's segments are: Clinical and Financial Solutions, which consists of the sale of integrated clinical software applications and financial and information solutions, including EHR-related software, connectivity and coordinated care solutions, financial and practice management software, related installation, and revenue cycle management; Population Health, which consists the sale of health management, financial management and patient engagement solutions.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Anna Baran

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