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Nextgen Healthcare: Fiscal Q4 Earnings Snapshot

May 17, 2022 GMT

ATLANTA (AP) _ Nextgen Healthcare, Inc. (NXGN) on Tuesday reported fiscal fourth-quarter net income of $348,000.

On a per-share basis, the Atlanta-based company said it had net income of 1 cent. Earnings, adjusted for one-time gains and costs, came to 19 cents per share.

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

The provider of health care information systems posted revenue of $151.3 million in the period.

For the year, the company reported profit of $1.6 million, or 2 cents per share. Revenue was reported as $596.4 million.

Nextgen Healthcare expects full-year earnings in the range of 95 cents to $1.01 per share, with revenue in the range of $628 million to $640 million.

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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