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
Clifford W. Illig
Vice Chairman of the Board
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
Julia M. Wilson
Chief People Officer, 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 39 weeks ended 29 September 2018, Cerner Corporation revenues increased 4% to $4B. Net income decreased 6% to $498.7M. Revenues reflect Domestic segment increase of 3% to $3.53B, Global segment increase of 17% to $475.3M. Net income was offset by Domestic segment income decrease of 7% to $1.3B, Others segment loss increase of 11% to $875.5M. Basic Earnings per Share excluding Extraordinary Items decreased from $1.60 to $1.51.
Employees: 26,000 as of Dec 30, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $18,333M as of Sep 29, 2018
Annual revenue (TTM): $5,314M as of Sep 29, 2018
EBITDA (TTM): $1,459M as of Sep 29, 2018
Net annual income (TTM): $689.51M as of Sep 29, 2018
Free cash flow (TTM): $685.37M as of Sep 29, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 329,488,284 as of Oct 17, 2018
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization