Recap: CPSI Q3 Earnings

CPSI (NASDAQ:CPSI) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM. Here’s what investors…

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.

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