NASDAQ$MDRX

Veradigm Inc · Q3 2022 earnings

Q3 2022 earnings · · Investor relations

Briefing

Allscripts' third quarter results were announced, marked by revenue growth and increased operating profit.

Allscripts reported a revenue of $152 million, an increase from $145 million in the third quarter of 2021. The company's operating profit also saw a year-over-year increase of over 30%. Additionally, Allscripts generated $42 million in cash flow from continuing operations.

  • Consolidated revenue reached $152 million.
  • Operating profit increased over 30% year-over-year.
  • Cash flow from continuing operations was $42 million.
  • Veradigm revenue increased to $145 million, compared to $137 million in the third quarter of 2021.

Headline financials

Total Revenue

$152M

Previous: $369M-58.9%
EPS (adj)

$0.13

Previous: $0.13+0.0%
Capital Expenditures

-$9.24M

Previous: -$23.7M+61.0%
Free Cash Flow

$34.2M

Previous: $35M-2.3%
Net Income

$15M

Previous: $16M-6.3%
Operating Income

$25M

Previous: $12M+108.3%
Gross Profit

$81.2M

Previous: $149M-45.4%
Cash & Equivalents

$493M

Previous: $214M+130.0%
Total Assets

$1.69B

Previous: $2.48B-31.9%
Stock-Based Comp

$4.55M

Previous: $8.78M-48.1%

Revenue & EPS history

Allscripts · Revenue · Quarterly

$152M

Q3 2022-58.9%vs Q3 2021
Beat estimate in 3 of 9 quarters(33%)
ActualEstimate

Revenue by segment

Allscripts · $369M total across 2 segments · Q3 2021

  • Software delivery, support...
    $223M
  • Client services
    $147M

Forward guidance

Allscripts is affirming its prior annual outlook and currently expects to achieve Veradigm revenue growth year-over-year between 6% to 7%, Veradigm Adjusted EBITDA growth year-over-year between 10% to 15% and Free cash flow from continuing operations between $110 million to $120 million.

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 Q3 2022

Historical avgQ3 2022

-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

Earnings price reactions
QuarterReport dateReaction (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%

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