Cerner Corp. (CERN) reported Q3 FY21 revenue growth of 7 percent Y/Y to $1.47 billion, beating the analyst consensus of $1.45 billion. Revenues from Licensed software rose 16.0 percent Y/Y to $199.2 million. Technology resale declined 20.2 percent Y/Y to $37.656.9 million. Subscriptions decreased 1.8 percent Y/Y to $91.8 million. Professional services expanded 15.0 percent Y/Y to…
Cerner’s Restructuring Measures Expand Q3 Earnings, Margins; Raises FY21 Guidance
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