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Cerner Corp Issues Q2 2013 Guidance In Line With Analysts' Estimates; Reaffirms FY 2013 Revenue Guidance; Raises FY 2013 EPS Guidance


Thursday, 25 Apr 2013 04:01pm EDT 

Cerner Corp announced that for the second quarter of 2013, it expects revenue between $705 million and $735 million and adjusted diluted earnings per share before share-based compensation expense between $0.66 and $0.68. For fiscal 2013, the Company expects revenue between $2.95 billion and $3.05 billion and adjusted diluted earnings per share (EPS) before share-based compensation expense between $2.78 and $2.83, up from a prior range of $2.75 to $2.82. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenue of $730 million and EPS of $0.68 for the second quarter of 2013; and revenue of $3.01 billion and EPS of $2.79 for fiscal 2013.