NextGen Healthcare (NASDAQ:NXGN) reported its Q4 earnings results on Tuesday, May 17, 2022 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
NextGen Healthcare reported in-line EPS of $0.19 versus an estimate of $0.19.
Revenue was up $7.07 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03 which was followed by a 0.65% drop in the share price the next day.
Here's a look at NextGen Healthcare's past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.21 | 0.24 | 0.21 | 0.19 |
| EPS Actual | 0.24 | 0.29 | 0.25 | 0.21 |
| Revenue Estimate | 146.32M | 143.38M | 139.75M | 140.10M |
| Revenue Actual | 149.72M | 149.29M | 146.08M | 144.19M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
NextGen Healthcare management provided guidance for FY 2023, expecting earnings between $0.95 and $1.01 per share.
To track all earnings releases for NextGen Healthcare visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
