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Nextgen Healthcare: Fiscal 3Q Earnings Snapshot

IRVINE, Calif. (AP) _ Nextgen Healthcare, Inc. (NXGN) on Thursday reported fiscal third-quarter profit of $4.4 million.

On a per-share basis, the Irvine, California-based company said it had profit of 7 cents. Earnings, adjusted for one-time gains and costs, came to 23 cents per share.

The results surpassed Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 20 cents per share.

The provider of health care information systems posted revenue of $137.7 million in the period, also topping Street forecasts. Nine analysts surveyed by Zacks expected $135.2 million.

Nextgen Healthcare expects full-year earnings in the range of 80 cents to 84 cents per share, with revenue in the range of $541 million to $547 million.

Nextgen Healthcare shares have dropped roughly 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $15.93, a drop of 12% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NXGN at https://www.zacks.com/ap/NXGN