NASDAQ$MDRX
Veradigm Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Allscripts' second quarter results for 2021 were announced, revealing an increase in non-GAAP EPS and revenue compared to the previous year.
Allscripts announced positive financial results for Q2 2021, with GAAP diluted EPS at $0.15 and non-GAAP diluted EPS at $0.23, a 35% year-over-year increase. The company generated $69 million in cash flow from continuing operations and $51 million in free cash flow. They are increasing their 2021 outlook for Adjusted EBITDA and free cash flow and affirming revenue expectations.
- GAAP diluted EPS was $0.15, while non-GAAP diluted EPS reached $0.23, marking a 35% increase year-over-year.
- Cash flow from continuing operations amounted to $69 million, with free cash flow generation of $51 million.
- The company is raising its 2021 outlook for Adjusted EBITDA and free cash flow.
- Bookings for the second quarter of 2021 totaled $180 million, compared to $164 million in the second quarter of 2020.
Headline financials
Revenue & EPS history
Allscripts · Revenue · Quarterly
$141M
Revenue by segment
Allscripts · $374M total across 2 segments · Q2 2021
- Software delivery, support...$220M-14.2%58.8%
- Client services$154M+2.6%41.2%
Forward guidance
Allscripts revised its Adjusted EBITDA and free cash flow expectations upward for the year 2021 while revenue expectations are affirmed.
Tailwinds
- Adjusted EBITDA is expected to be between $265 million and $275 million, increased from the prior outlook of between $240 million and $260 million.
- Free cash flow is projected to be between $115 million and $125 million, an increase from the prior outlook of between $90 million and $100 million.
- Revenue is affirmed at $1.5 billion.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
-0.3%
Avg return
Earnings day
-0.5%
Avg return
5 days after
-0.9%
Avg return
30 days after
38%
20 / 52 earnings
Positive
+21.1%
Q2 2020
Best reaction
-17.9%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q4 2022 | -0.2% | -0.8% | -1.3% | |
| Q3 2022 | +9.9% | +18.4% | +33.7% | |
| Q2 2022 | +11.1% | +9.6% | +5.4% | |
| Q1 2022 | +3.0% | +1.2% | -7.9% | |
| Q4 2021 | -2.1% | -0.2% | +9.4% | |
| Q3 2021 | +7.6% | +7.3% | +19.2% | |
| Q2 2021 | +1.7% | -0.3% | -11.1% | |
| Q1 2021 | +1.4% | +2.6% | +2.8% | |
| Q4 2020 | -4.8% | -6.4% | -5.6% | |
| Q2 2020 | +21.1% | +18.3% | +21.0% | |
| Q1 2020 | -7.2% | -14.8% | -10.1% | |
| Q4 2019 | -3.2% | +1.3% | -11.0% | |
| Q3 2019 | -4.1% | -3.5% | -13.5% | |
| Q2 2019 | -5.1% | -11.4% | -9.4% | |
| Q1 2019 | -0.3% | +1.4% | +3.5% | |
| Q4 2018 | -8.7% | -9.4% | -17.1% | |
| Q3 2018 | -17.9% | -10.7% | -15.2% | |
| Q2 2018 | -3.5% | -1.1% | +5.0% | |
| Q1 2018 | -2.3% | +0.0% | -5.9% | |
| Q4 2017 | +0.5% | +2.3% | -11.5% | |
| Q3 2017 | -3.5% | -2.2% | +10.5% | |
| Q2 2017 | +13.5% | +5.9% | +13.3% | |
| Q1 2017 | -1.4% | -2.1% | -5.5% | |
| Q4 2016 | +1.1% | -1.8% | -3.3% | |
| Q3 2016 | -9.8% | -11.5% | -9.6% | |
| Q2 2016 | -2.5% | -4.3% | -9.7% | |
| Q1 2016 | +3.5% | — | — | |
| Q4 2015 | +0.5% | — | — | |
| Q3 2015 | +4.5% | — | — | |
| Q2 2015 | +0.8% | — | — | |
| Q1 2015 | -1.3% | — | — | |
| Q4 2014 | +2.9% | — | — | |
| Q3 2014 | -16.8% | — | — | |
| Q2 2014 | -2.6% | — | — | |
| Q1 2014 | +1.6% | — | — | |
| Q4 2013 | +1.6% | — | — | |
| Q3 2013 | +1.5% | — | — | |
| Q2 2013 | -3.4% | — | — | |
| Q1 2013 | -0.9% | — | — | |
| Q4 2012 | -1.1% | — | — | |
| Q3 2012 | +0.0% | — | — | |
| Q2 2012 | +19.4% | — | — | |
| Q1 2012 | -0.0% | — | — | |
| Q4 2011 | -1.9% | — | — | |
| Q3 2011 | -2.8% | — | — | |
| Q2 2011 | -2.6% | — | — | |
| Q3 2010 | -0.2% | — | — | |
| Q2 2010 | -2.5% | — | — | |
| Q4 2009 | -2.5% | — | — | |
| Q1 2011 | +1.0% | — | — | |
| Q4 2010 | -3.4% | — | — | |
| Q1 2010 | -3.4% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro