computer programs & systems
(CPSI:Consolidated Issue Listed on Nasdaq Glbl Slct Mrkt)
computer programs & systems (CPSI) Key Developments
Computer Programs & Systems Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s total sales revenues were $49,549,000 against $44,489,000 a year ago. Operating income was $10,109,000 against $8,999,000 a year ago. Income before taxes was $10,246,000 against $9,158,000 a year ago. Net income was $6,944,000 or $0.63 per basic and diluted share against $5,649,000 or $0.51 per basic and diluted share a year ago. Net cash provided by operating activities was $5,522,000 against $8,551,000 a year ago. Free cash flow was $3,534,000 against $8,002,000 a year ago. Purchases of capital assets was $1,988,000 compared with $549,000 for the same period last year. The board of directors of the company declared a regular quarterly cash dividend of $0.51 per share, payable on May 24, 2013, to stockholders of record as of the close of business on May 9, 2013. The company expected capex should return to normalize levels in the second subsequent quarters of 2013 of $600,000 to $750,000 per quarter.
Computer Programs & Systems Inc. announced that they will report Q1, 2013 results After-Market on Apr 25, 2013
Computer Programs & Systems Inc., Q1 2013 Earnings Call, Apr 26, 2013
Computer Programs & Systems Inc., Annual General Meeting, May 09, 2013., at 09:00 Central Standard Time. Location: Mobile Convention Center, One South Water Street. Agenda: To elect two Class II directors to serve on the Board of Directors of the Company for a three-year term expiring at the 2016 annual meeting; to ratify the appointment of Grant Thornton LLP as independent registered public accountants for the year ending December 31, 2013; and to approve on an advisory basis the compensation of named executive officers, as described in the Compensation discussion and Analysis, executive compensation tables and accompanying narrative in this proxy statement Information About a Quorum.
Computer Programs & Systems Inc. Presents at Citi 2013 Global Healthcare Conference, Feb-27-2013 10:20 AM. Venue: Hilton New York, 1335 Avenue of the Americas, New York, NY 10019, United States.
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Industry Analysis
CPSI
Industry Average
| Valuation | CPSI | Industry Range |
| Price/Earnings | 18.3x |
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| Price/Sales | 3.0x |
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| Price/Book | 9.7x |
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| Price/Cash Flow | 18.3x |
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| TEV/Sales | 2.9x |
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