Nextgen Healthcare: Fiscal 4Q Earnings Snapshot
IRVINE, Calif. (AP) _ Nextgen Healthcare, Inc. (NXGN) on Tuesday reported fiscal fourth-quarter net income of $3.9 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Irvine, California-based company said it had net income of 6 cents. Earnings, adjusted for one-time gains and costs, were 23 cents per share.
The provider of health care information systems posted revenue of $134.8 million in the period, exceeding Street forecasts. Ten analysts surveyed by Zacks expected $133.5 million.
For the year, the company reported profit of $24.5 million, or 38 cents per share. Revenue was reported as $529.2 million.
Nextgen Healthcare expects full-year earnings in the range of 86 cents to 94 cents per share, with revenue in the range of $543 million to $559 million.
Nextgen Healthcare shares have increased 29% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $19.56, an increase of 15% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NXGN at https://www.zacks.com/ap/NXGN