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Quality Systems projects FY'19 earnings

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Quality Systems projects FY'19 earnings

Quality Systems Inc expects that its fiscal 2019 non-GAAP EPS will be between 70 cents and 78 cents, while its revenue will be between $532 million and $548 million.

The company also posted its fiscal 2018 fourth-quarter and year-end results.

Non-GAAP net income for the 2018 fourth quarter was $10.4 million, or 16 cents per share, compared with non-GAAP net income of $12.7 million, or 21 cents per share, in the year-ago period.

The S&P Capital IQ consensus normalized EPS estimate for the 2018 fourth quarter was 13 cents.

For the fiscal year ended March 31, non-GAAP net income was $44.5 million, or 70 cents per share, compared with $50.8 million, or 82 cents per share, in the year-ago period.

The S&P Capital IQ consensus normalized EPS estimate for the year was 67 cents.