After the bell Wednesday, Allscripts-Misys Healthcare Solutions (NASDAQ:MDRX) posted fiscal third quarter earnings of $18.5 million, or $0.12 per share, compared to $13.3 million, or $0.09 per share in the same quarter last year.
Adjusted earnings totaled $0.17 per share, beating analyst estimates, on revenue that rose 16%, to $180.4 million.
Allscripts-Misys said it is looking for earnings of $0.64-$0.65 per share for the full year, up from its prior forecast of earnings in a range of $0.61-$0.63 per share.
Also late yesterday, Bed Bath & Beyond (NASDAQ:BBBY) said it earned $226 million, or $0.86 per share in its fiscal fourth quarter, compared to $141 million, or $0.55 per share, in the same quarter last year.
Sales were up 16.7% to $2.24 billion, on same-store sales up 11.5% in the quarter.
Bed Bath & Beyond said it is forecasting earnings growth of 10-15% in fiscal 2010.
And, Pep Boys (NYSE:PBY) swung to a profit in its fiscal fourth quarter.
The auto parts chain earned $2.3 million, or $0.04 per share, compared to a loss of $33.3 million, or $0.63 per share, in the same quarter last year.
Revenue fell about 3% in the latest quarter, to $452.9 million.
Pep Boys said it is seeing a 3% increase in same-store sales so far in the first quarter.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.