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Allscripts Reports Fourth Quarter Results
Date:2/15/2011

ults this quarter, the first full period of combined operations since our merger with Eclipsys," said Glen Tullman, Chief Executive Officer of Allscripts.  "Our sales momentum reflects our comprehensive set of solutions, our ability to execute and strong demand in the market.  We achieved significant cross sales of our ambulatory and acute solutions into our client base.  Most important, we are focused on realizing our vision of transforming today's disconnected silos of healthcare into a connected community of health."

Fourth Quarter ResultsAllscripts completed its merger with Eclipsys Corporation on August 24, 2010 and, in connection with the merger, the Allscripts Board of Directors approved changing the company's fiscal year-end from May 31 to December 31.  The Company's 2010 fourth quarter financial statements include consolidated results for both Allscripts and Eclipsys for the three months ended December 31, 2010.  References to non-GAAP historical results include both Allscripts and Eclipsys results for the comparable quarter from the prior year and includes the results of Allscripts for the three months ended November 30, 2009 and Eclipsys for the three months ended December 31, 2009 ("fourth quarter 2009").  

GAAP revenue for the three months ended December 31, 2010 was $316.2 million.  Total non-GAAP revenue(1) for the three months ended December 31, 2010 was $337.1 million, compared to total non-GAAP revenue of $306.4 million for the fourth quarter 2009, a 10 percent increase.  

GAAP gross profit was $146.1 million for the fourth quarter of 2010.  Total non-GAAP gross profit(2) was $167.0 million for the fourth quarter of 2010, compared to $154.6 million for the fourth quarter 2009, an increase of 8 percent.

GAAP operating income for the fourth quarter of 2010 totaled $9.5 million and includes transaction-related expenses of $17.8 million, on a pre-tax basis.  Tot
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SOURCE Allscripts Healthcare Solutions, Inc.
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