Allscripts Reports Fiscal 2009 Second Quart... ( CHICAGO Jan. 8 /- Allscripts-Misy...)

Allscripts Reports Fiscal 2009 Second Quarter Results

Date:1/8/2009

CHICAGO, Jan. 8 /PRNewswire-FirstCall/ -- Allscripts-Misys Healthcare Solutions, Inc., formerly Allscripts Healthcare Solutions, Inc. (Allscripts or the Company), today announced its financial results for the three and six months ended November 30, 2008.

(Logo: http://www.newscom.com/cgi-bin/prnh/20061005/ALLSCRIPTSLOGO-b)

The Company's results for the three and six months ended November 30, 2008 include results from legacy Allscripts for the period of October 11, 2008 through November 30, 2008, and from Misys Healthcare Systems, LLC for all periods presented. A subsidiary of Allscripts merged with Misys Healthcare Systems (MHS), formerly a division of Misys plc, on October 10, 2008, at which time the Company changed its name to Allscripts-Misys Healthcare Solutions, Inc. and adopted a new fiscal reporting year of May 31st to conform with the fiscal year of Misys plc.

Total revenue for the three months ended November 30, 2008 was $128.6 million, compared to $96.4 million for the same period last year. Non-GAAP revenue for the three months ended November 30, 2008 was $173.3 million, compared to non-GAAP revenue of $166.1 million for the same period last year. Non-GAAP revenue for the three months ended November 30, 2008 and 2007 are comprised of revenue from Allscripts and MHS for the full three-month period of each respective year, giving effect to the add-back of a deferred revenue adjustment of $2.1 million recorded for GAAP purposes in the three month period ended November 30, 2008. Total GAAP revenue for software and related services during the three months ended November 30, 2008 was $123.9 million, compared to $96.4 million for the same period last year. Non-GAAP revenue for software and related services for the three months ended November 30, 2008 and 2007 was $163.3 million and $154.2 million,
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