FMP
Jan 27, 2023 5:00 PM - Davit Kirakosyan
NextGen Healthcare (NASDAQ:NXGN) shares rose more than 8% since the company’s reported Q3 results on Tuesday. EPS came in at $0.26, worse than the Street estimate of $0.27. Revenue was $161.9 million (up 8.1% year-over-year), compared to the Street estimate of $161.58 million.
Recurring revenue grew 10.6% year-over-year on increased subscriptions and higher patient volumes slowly recovering from Covid. Non-recurring revenue declined 13.6% in Q3 on continued lumpiness in the software and hardware business and lower-than-expected software license bookings in the quarter.
Total bookings came in at $44.8 billion (up 19%) on rising client demand for surround solutions with approximately 30% contributed by new clients.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...