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
Donald Trigg
Marc G. Naughton
Chief Financial Officer, Executive Vice President
Tracy L. Platt
Executive Vice President, Chief Human Resources Officer
Randy D. Sims
Executive Vice President, Chief Legal Officer and Secretary
John Peterzalek
Executive Vice President and Chief Client and Services Officer
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 31 March 2020, Cerner Corporation revenues increased 2% to $1.41B. Net income decreased 11% to $147.2M. Revenues reflect Operating- Domestic segment increase of 1% to $1.1B, Operating- International segment increase of 4% to $165.3M, Domestic segment increase of 4% to $146.5M. Net income was offset by Operating- Others segment loss increase of 15% to $342.3M. Dividend per share totaled to $0.18.
Employees: 27,400 as of Dec 28, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $21,416M as of Mar 31, 2020
Annual revenue (TTM): $5,714M as of Mar 31, 2020
EBITDA (TTM): $1,305M as of Mar 31, 2020
Net annual income (TTM): $510.39M as of Mar 31, 2020
Free cash flow (TTM): $455.81M as of Mar 31, 2020
Net Debt Last Fiscal Year: $939.64M as of Mar 31, 2020
Shares outstanding: 304,348,600 as of Apr 23, 2020
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization