Recap: NextGen Healthcare Q4 Earnings

NextGen Healthcare 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.

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