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
Website: https://www.cerner.com
IR: See website
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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
Randy D. Sims
Executive Vice President, Chief Legal Officer and Secretary
Jeffrey A. Townsend
Executive Vice President and Chief of Innovation
Donald Trigg
Executive Vice President, Strategic Growth
Julia Wilson
Executive Vice President and Chief People 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 26 weeks ended 29 June 2019, Cerner Corporation revenues increased 6% to $2.82B. Net income decreased 5% to $313.2M. Revenues reflect Domestic segment increase of 7% to $2.5B, Global segment increase of less than 1% to $324M. Net income was offset by Others segment loss increase of 14% to $650.9M, Domestic segment income decrease of less than 1% to $846.8M. Dividend per share totaled to $0.18.
Employees: 29,200 as of Dec 29, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $21,920M as of Jun 29, 2019
Annual revenue (TTM): $5,527M as of Jun 29, 2019
EBITDA (TTM): $1,367M as of Jun 29, 2019
Net annual income (TTM): $613.89M as of Jun 29, 2019
Free cash flow (TTM): $420.06M as of Jun 29, 2019
Net Debt Last Fiscal Year: $85.01M as of Jun 29, 2019
Shares outstanding: 318,393,949 as of Jul 17, 2019
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization