Computer Programs & Systems Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015; Provides Earnings Guidance for the Year 2016
January 29, 2016 at 02:35 am IST
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Computer Programs & Systems Inc. reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2015. For the quarter, the company reported total sales revenues of $44,230,000 compared to $46,267,000 a year ago. Operating income was $4,605,000 compared to $9,342,000 a year ago. Income before taxes was $4,675,000 compared to $9,413,000 a year ago. Net income attributable to common stockholders was $3,336,000 or $0.30 per basic and diluted share compared to $6,648,000 or $0.60 per basic and diluted share a year ago. Net cash provided by operating activities was $4,551,000 compared to $12,880,000 a year ago. Free cash flow was $4,551,000 compared to $12,158,000 a year ago.
For the year, the company reported total sales revenues of $182,174,000 compared to $204,742,000 a year ago. Operating income was $25,086,000 compared to $49,587,000 a year ago. Income before taxes was $25,491,000 compared to $49,739,000 a year ago. Net income attributable to common stockholders was $17,969,000 or $1.62 per basic and diluted share compared to $32,421,000 or $2.94 per basic and diluted share a year ago. Net cash provided by operating activities was $30,876,000 compared to $38,949,000 a year ago. Free cash flow was $30,429,000 compared to $37,476,000 a year ago.
For the year 2016, the company anticipates total revenues of $307 million to $322 million, adjusted EBITDA of $86 million to $91 million and non-GAAP earnings per share of $3.47 to $3.64 per diluted share.
TruBridge, Inc. is a provider of healthcare solutions and services for community hospitals, their clinics and other healthcare systems. The Company operates through three segments: RCM, HER and Patient Engagement. The RCM segment focuses on providing a complete revenue cycle management (RCM) solution for all care settings, regardless of their primary healthcare information solutions provider, along with business management, consulting, managed IT services, analytics and business intelligence. The EHR segment provides comprehensive acute care solutions and related services for community hospitals and their physician clinics. The Patient Engagement segment offers comprehensive patient engagement and empowerment technology solutions to improve patient outcomes and engagement strategies with care providers. Its wholly owned subsidiaries include Viewgol, LLC, iNetXperts, Corp. doing business as Get Real Health, Healthcare Resource Group, Inc. and Healthland Holding Inc.
Computer Programs & Systems Inc. Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2015; Provides Earnings Guidance for the Year 2016