Recap: CPSI Q3 Earnings

CPSI CPSI reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

CPSI beat estimated earnings by 7.14%, reporting an EPS of $0.45 versus an estimate of $0.42.

Revenue was down $115 thousand from the same period last year.

Last quarter the company missed on EPS by $0.18 which was followed by a 19.66% drop in the share price the next day.

Here's a look at CPSI's past performance:

Quarter	Q2 2023	Q1 2023	Q4 2022	Q3 2022
EPS Estimate	0.58	0.70	0.58	0.65
EPS Actual	0.40	0.58	0.61	0.57
Revenue Estimate	86.07M	84.63M	82.10M	82.05M
Revenue Actual	84.62M	86.23M	83.22M	82.83M

To track all earnings releases for CPSI visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.