$CERN (Cerner Corporation)

$CERN {{ '2016-09-07T13:24:17+0000' | timeago}} • Announcement

Health care technology firm $CERN opened its on-site Healthe Center at its Manyata campus in Bangalore, India. This center will have the Healthe Clinic, Healthe Fitness Center and full suite of health coaching and educational opportunities, the company said.

$CERN {{ '2017-07-10T11:21:07+0000' | timeago}} • Announcement

$CERN said Neal Patterson, chairman and CEO, passed away on July 9, 2017, due to unexpected complications that arose after a recent recurrence of a previously disclosed cancer. $CERN's Co-Founder and Vice Chairman of the Board Cliff Illig has been named chairman and interim CEO.

$CERN {{ '2017-06-06T14:43:55+0000' | timeago}} • Announcement

The Middle East & Africa division of $CERN has appointed Adrian Dey as the new general manager for Qatar. Michael Schelper, COO in the Middle East & Africa, will take on the additional role of general manager for the UAE and Kuwait.

$CERN {{ '2017-05-25T14:23:40+0000' | timeago}} • Announcement

$CERN approved a stock repurchase program on May 23, 2017, authorizing the repurchase of up to $500MM of its common stock. The repurchase will be funded from working capital.

$CERN {{ '2017-05-01T13:20:24+0000' | timeago}} • Announcement

$CERN and Fusionetics announced a collaboration to integrate Fusionetics assessment programming with $CERN's HealtheAthlete. HealtheAthlete is a web-based platform designed to provide in-depth management of athletes’ health and treatment for sports medicine staff.

$CERN {{ '2017-04-27T23:14:19+0000' | timeago}} • Webcast

Despite strong cash flow in 1Q17, $CERN did not do any share repurchase or other cash activity, citing the timing of the market. The company said it has $100MM of capacity available for buybacks and expects that to be increased appropriately by the Board going forward.

$CERN {{ '2017-04-27T21:26:32+0000' | timeago}} • Announcement

$CERN expects 2Q17 revenue of $1.265-1.335Bil, adjusted EPS of $0.60-0.62 and bookings of $1.3-1.5Bil. For 2017, the company now predicts revenue of $5.1-5.3Bil and adjusted EPS of $2.44-2.56. The full-year 2017 revised forecast is consistent with previously provided guidance.

$CERN {{ '2017-04-27T21:26:12+0000' | timeago}} • Announcement

$CERN reported a rise in 1Q17 earnings driven by higher revenue and a 7% increase in bookings. Net income rose to $173.21MM or $0.52 per share from $150.36MM or $0.43 per share last year. Revenue grew to $1.26Bil from $1.14Bil. Adjusted EPS increased to $0.59 from $0.53. Bookings were $1.25Bil, up from $1.17Bil a year ago.

$CERN {{ '2017-04-03T13:28:25+0000' | timeago}} • Announcement

Pomona Valley Hospital Medical Center (PVHMC) has selected $CERN to implement its integrated electronic health record (EHR) system. PVHMC's hospital and outpatient facilities will transition to Cerner Millennium, replacing the Cerner Soarian Clinicals platform, the NextGen ambulatory system and several additional legacy suppliers.

$CERN {{ '2017-03-22T20:52:37+0000' | timeago}} • Announcement

Maury Regional Health has selected $CERN to implement an enterprisewide electronic health record (EHR) system across its 3 hospitals and more than 25 outpatient facilities. The Cerner system will displace MEDITECH in the hospital setting and NextGen Healthcare in the ambulatory facilities.

$CERN {{ '2017-03-07T13:45:30+0000' | timeago}} • Announcement

Dr. Julie Gerberding has been appointed to the Board of Directors of $CERN, effective March 3, 2017, and will fill a newly created class I director seat. This follows former Sen. John C. Danforth's notification to retire after the May 2017 annual shareholder meeting.

$CERN {{ '2017-02-09T23:12:05+0000' | timeago}} • Webcast

In 4Q16, $CERN’s total services revenue, including professional and managed services, was up 18% over 4Q15. Support and maintenance revenue increased 3%. Domestic revenue increased 7% to $1.11Bil and non-US revenue grew 8% to $145MM.

$CERN {{ '2017-02-09T23:07:13+0000' | timeago}} • Webcast

$CERN's bookings revenue in 4Q16 was $1.44Bil, up 7% compared to 4Q15. Bookings were at the lower end of the guidance range. Revenue backlog at 2016-end was $15.927Bil, up 12% from a year ago. System sales revenue was down 8% compared to 4Q15 driven by declines in technology resale and software.

$CERN {{ '2017-02-09T21:30:55+0000' | timeago}} • Announcement

$CERN expects 1Q17 revenue of $1.200-1.275Bil and full year 2017 revenue of $5.1-5.3Bil. 1Q17 adjusted diluted EPS is expected to be $0.57-0.59 and full year 2017 adjusted diluted EPS is expected to be $2.44-2.56. 1Q17 new business bookings are expected to be $1.125-1.275Bil.

$CERN {{ '2017-02-09T21:27:16+0000' | timeago}} • Announcement

$CERN reported a decrease in 4Q16 earnings. Net earnings were $149.7MM or $0.44 per share compared to $166.1MM or $0.48 per share in 4Q15. Revenue was $1.26Bil, an increase of 7% compared to the year-ago period and within the company’s guidance range.

$CERN {{ '2016-11-21T13:21:31+0000' | timeago}} • Announcement

The Ministry of Health and Prevention (MOHAP) renewed and expanded its strategic alignment with $CERN for the continued implementation of its enterprise wide health IT system, the Wareed project.

$CERN {{ '2016-11-14T14:25:44+0000' | timeago}} • Announcement

$CERN BoD approved a stock repurchase program, authorizing the repurchase of up to $500MM of its common stock.  No time limit was set for completion of the program. Based on the November 11, 2016 closing price, approximately 10.3MM shares, or 3.1% of the company's outstanding shares, could be repurchased.

$CERN {{ '2016-11-01T21:38:03+0000' | timeago}} • Webcast

$CERN currently expects FY17 revenue in the range of $5.2-$5.45Bil, with the midpoint growth of 11%. Adjusted Diluted EPS is expected to be in the range of $2.50-2.70 per share, with the midpoint growth of 13%.

$CERN {{ '2016-11-01T21:09:41+0000' | timeago}} • Webcast

$CERN's systems sales revenue was $301MM in 3Q16, down 7% from a year ago. Support, maintenance and services revenue grew 9% to $861MM. Domestic revenue grew 6% to $1.06Bil and International revenue was flat at $130MM.

$CERN {{ '2016-11-01T21:02:49+0000' | timeago}} • Webcast

$CERN said it expects FY16 revenues to be $4.8Bil, down from the prior guidance range of $4.9-5.1Bil. Adjusted diluted EPS is expected to be $2.31 per share and bookings were expected to be $5.5Bil for FY16.

$CERN {{ '2016-11-01T20:27:28+0000' | timeago}} • Announcement

$CERN expects 4Q16 revenue in the range of $1.225-$1.300Bil. Adjusted diluted EPS is expected to be in the range of $0.60-0.62. New business bookings were expected to be in the range of $1.425Bil-$1.575Bil.

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