CPSI (NASDAQ:CPSI) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
CPSI beat estimated earnings by 7.14%, reporting an EPS of $0.45 versus an estimate of $0.42.
Revenue was down $115 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.18 which was followed by a 19.66% drop in the share price the next day.
Here’s a look at CPSI’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.58 | 0.70 | 0.58 | 0.65 |
| EPS Actual | 0.40 | 0.58 | 0.61 | 0.57 |
| Revenue Estimate | 86.07M | 84.63M | 82.10M | 82.05M |
| Revenue Actual | 84.62M | 86.23M | 83.22M | 82.83M |
To track all earnings releases for CPSI visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.