NextGen Healthcare: Jumps as raised full-year outlook above estimates

Nextgen Healthcare

13/01/2021 17:00

** Shares of healthcare services provider  NXGN.O  rise 5.5%
to $21.60
    ** Raises FY21 EPS outlook to $0.92-$0.98 from previous
forecast of $0.83-$0.93; Analysts expect EPS of $0.89- Refinitiv
data
    ** Lifts FY21 revenue forecast to $547 mln-$555 mln from
$535 mln-$551 mln earlier; Analysts expect revenue of $546.8
mln urn:newsml:reuters.com:*:nBw3xW2BJa
    ** "Our raised guidance expectations also take into account
some uncertainty in the macro environment given the current
stage of the COVID-19 pandemic," says CEO Rusty Frantz
    ** NXGN also sees Q3 FY21 results above estimates
    

 (Reporting by Shreyasee Raj in Bengaluru)
 ((Shreyasee.Raj@thomsonreuters.com;))