Company Report

Cerner has revenue of $1.395 billion and down 3% compared to $1.442 billion in the Q4 of 2019

Cerner Corporation (Nasdaq: CERN) announced results for the 2020 fourth quarter and full-year that ended December 31, 2020.

Revenue of $1.395 billion, consistent with the Company’s expectations and down 3% compared to $1.442 billion in the fourth quarter of 2019, primarily due to the impact of divestitures and the pandemic; excluding divestitures, revenue growth over the fourth quarter of 2019 would have been approximately 1%, still reflecting the impact of the pandemic.

Revenue of $5.506 billion, down 3% compared to 2019; adjusting for divestitures, full-year revenue reflects approximately 1% growth over 2019, still reflecting the impact of the pandemic.

Source: investors.cerner.com

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