Investing.com - Cerner (NASDAQ:CERN) reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Cerner announced earnings per share of $0.76 on revenue of $1.39B. Analysts polled by Investing.com anticipated EPS of $0.7408 on revenue of $1.4B.
Cerner shares are up 25% from the beginning of the year and are trading at $75.48 , down-from-52-week-high.They are outperforming the DAX which is up 9.85% from the start of the year.
Cerner follows other major Technology sector earnings this month
Cerner's report follows an earnings beat by Apple on April 28, who reported EPS of $1.4 on revenue of $89.58B, compared to forecasts EPS of $0.9864 on revenue of $77.09B.
Microsoft had beat expectations on April 27 with third quarter EPS of $1.95 on revenue of $41.71B, compared to forecast for EPS of $1.78 on revenue of $41.04B.
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