Cerner Tops Fourth-Quarter Estimates - TheStreet

Cerner

(CERN) - Get Report

beat analyst expectations by a penny, posting fourth-quarter per-share earnings of 30 cents, up from 21 cents in the year-ago period. Wall Street had been expecting 29 cents, according to Thomson Financial/First Call.

Revenue for the quarter was $151.8 million, up 27% from $119.6 million a year ago.

The company also said it was comfortable with Thomson Financial/First Call's earnings estimate for the first quarter, expecting earnings per share of 25 cents to 26 cents.

Shares of Cerner closed at $52.06 Thursday before the announcement.