Cerner Corporation (OQ:CERN)

Business Focus: Advanced Medical Equipment & Technology

Sector:  Healthcare Industry:  Advanced Medical Equipment & Technology
See Regulatory Filings on SEC
Company Contact
Address: 2800 Rock Creek Pkwy
KANSAS CITY MO 64117-2521
Tel: 1-816-2012445
IR: See website
Key People
Brent Shafer
Chairman of the Board, Chief Executive Officer
Marc G. Naughton
Chief Financial Officer, Executive Vice President
Michael R. Nill
Chief Operating Officer, Executive Vice President
Jeffrey A. Townsend
Chief - Staff, Executive Vice President
Randy D. Sims
Chief Legal Officer, Senior Vice President, Secretary
Business Overview
Cerner Corporation (Cerner) is a supplier of healthcare information technology (HCIT). The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations of all sizes. The Company's segments include Domestic and Global. The Domestic segment includes revenue contributions and expenditures associated with business activity in the United States. The Global segment includes revenue contributions and expenditures linked to business activity in Aruba, Australia, Austria, the Bahamas, Belgium, Bermuda, Brazil, Canada, Cayman Islands, Chile, Denmark, Egypt, England, Finland, France, Germany, Guam, India, Ireland, Kuwait, Luxembourg, Malaysia, Mexico, the Netherlands, Norway, Portugal, Qatar, Romania, Saudi Arabia, Singapore, Slovakia, Spain, Sweden, Switzerland and the United Arab Emirates. The Company's solutions are offered on the unified Cerner Millennium architecture and on the HealtheIntent cloud-based platform.
Financial Overview
For the 13 weeks ended 30 March 2019, Cerner Corporation revenues increased 8% to $1.39B. Net income increased 4% to $166.2M. Revenues reflect Domestic segment increase of 8% to $1.23B, Global segment increase of 1% to $159M. Net income was partially offset by Others segment loss increase of 8% to $298.5M. Basic Earnings per Share excluding Extraordinary Items increased from $0.48 to $0.51.
Employees: 29,200 as of Dec 29, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $23,236M as of Mar 30, 2019
Annual revenue (TTM): $5,463M as of Mar 30, 2019
EBITDA (TTM): $1,434M as of Mar 30, 2019
Net annual income (TTM): $636.28M as of Mar 30, 2019
Free cash flow (TTM): $563.85M as of Mar 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 325,420,595 as of Apr 17, 2019
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization