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Computer Programs & Systems Inc. Declares Regular Quarterly Dividend; Issues Q4 2011 Outlook Below Analysts' Estimates
Computer Programs & Systems Inc. announced that its Board of Directors has declared a regular quarterly cash dividend of $0.36 per share, payable on November 25, 2011, to stockholders of record as of the close of business on November 10, 2011. The Company announced that for the fourth quarter of 2011, it expects total revenues of $43-$46 million and net income of approximately $6.3-$6.7 million, or $0.57-$0.61 per diluted share (EPS). According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $48 million and EPS of $0.65 for the fourth quarter of 2011.
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