NextGen Healthcare reports Q2 EPS 24c, consensus 23c
Reports Q2 revenue $134.3M, consensus $134.25M. "I'm pleased to report a solid second quarter in which we delivered revenue growth and positive free cash flow, as well as strong bookings bolstered by cross-selling, RCM traction, multiple 'all-in' deals, and competitive displacements. Immediately after quarter end, we completed the acquisition of Topaz Information Solutions, which expands our capabilities to better serve behavioral health providers and enables our planned growth in this important market. Halfway through our fiscal year, we are confident that our current position will enable us to deliver on our full year outlook," said Rusty Frantz, president and chief executive officer of NextGen Healthcare.