Jeff Auxier Comments on Cerner Corp

- By Holly LaFon

Although revenues were up 8%, they came in below analysts' expectations. Bookings were down 22.5% year over year due to several large contracts being delayed, causing it to come in below the company's guidance. However, it could lead to all-time high levels of bookings once these deals are signed.

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• CERN 15-Year Financial Data

• The intrinsic value of CERN

• Peter Lynch Chart of CERN

From Jeff Auxier (Trades, Portfolio)'s fourth quarter 2018 shareholder letter.
This article first appeared on GuruFocus.

• Warning! GuruFocus has detected 2 Warning Signs with CERN. Click here to check it out.

• CERN 15-Year Financial Data

• The intrinsic value of CERN

• Peter Lynch Chart of CERN