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.

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.

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).

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.