NASDAQ$MDRX

Veradigm Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Allscripts reported strong Q4 2020 earnings, driven by strategic actions and portfolio optimization, including revenue of $386 million, GAAP EPS of $4.82, and non-GAAP EPS of $0.29.

Allscripts' Q4 2020 results demonstrated continued progress with revenue of $386 million and non-GAAP revenue of $415 million. The company reported a GAAP EPS of $4.82 and a non-GAAP EPS of $0.29, driven by strategic actions and portfolio optimization. The company closed sales of EPSi and CarePort Health, repurchased $280 million of stock, and ended the quarter in a net cash position.

  • Allscripts' Q4 GAAP revenue was $386 million, while non-GAAP revenue was $415 million.
  • GAAP net income totaled $728 million, and non-GAAP net income was $45 million.
  • The company reported GAAP EPS of $4.82 and non-GAAP diluted EPS of $0.29.
  • Allscripts repurchased $280 million of stock and closed sales of EPSi and CarePort Health.

Headline financials

Total Revenue

$278M

Previous: $414M-33.0%
EPS (adj)

$4.57

Previous: -$0.13+3615.4%
Bookings

$220M

Previous: $312M-29.5%
Capital Expenditures

$9.13M

Previous: $3.13M+192.1%
Free Cash Flow

-$188M

Previous: $9.19M-2144.1%
Net Income

$728M

Previous: -$19M+3931.6%
Operating Income

-$68.1M

Previous: -$35M-94.6%
Gross Profit

$161M

Previous: $153M+5.5%
Cash & Equivalents

$531M

Previous: $130M+309.8%
Total Assets

$2.92B

Previous: $3.21B-9.0%
Stock-Based Comp

$8.11M

Previous: $9.42M-14.0%

Revenue & EPS history

Allscripts · Revenue · Quarterly

$278M

Q4 2020-33%vs Q4 2019
Beat estimate in 3 of 9 quarters(33%)
ActualEstimate

Revenue by segment

Allscripts · $386M total across 2 segments · Q4 2020

  • Software delivery, support...
    $241M-14.3%
  • Client services
    $145M-14.3%

Forward guidance

For the full year 2021, Allscripts expects to achieve revenue of $1.5 billion, adjusted EBITDA between $240 million and $260 million, and free cash flow between $90 million and $100 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 Q4 2020

Historical avgQ4 2020

-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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