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Allscripts Reports First Quarter 2008 Results
Date:4/30/2008

(amounts in thousands, except per-share amounts)

(Unaudited)

Three Months Ended

March 31,

2008 2007

Revenue:

Software and related services $58,618 $51,240

Prepackaged medications 9,595 10,229

Information services 3,876 3,553

Total revenue 72,089 65,022

Cost of revenue:

Software and related services 25,919 22,382

Prepackaged medications 7,613 8,308

Information services 2,516 2,059

Total cost of revenue (a) 36,048 32,749

Gross profit 36,041 32,273

Operating expenses:

Selling, general and administrative

expenses (b) 31,393 22,374

Amortization of intangibles 3,439 2,576

Income from operations 1,209 7,323

Interest expense (1,644) (933)

Interest income 570 1,049

Other expense, net (5) (12)

Income before income taxes 130 7,427

Income taxes (50) (2,960)

Net income $80 $4,467

Net income per share - basic $0.00 $0.08

Net income per share - diluted
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SOURCE Allscripts Healthcare Solutions, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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