Cerner Bookings, Revenue Surge in Q1

Cerner's first quarter financial results reveal the company's bookings hit $910.2 million, a first quarter all-time high.

Revenue hit $784.8 million during Q1, an increase of 15 percent compared with the first quarter of 2013.

"Our solid first quarter results represent a good start to the year," said Neal Patterson, Cerner chairman and CEO, in the news release. "In addition to good financial results, we made strides in innovation. Cerner is focused on defining the next generation of the electronic medical record, which will go beyond orders and documentation and become an interactive medium that enables providers to practice medicine at a higher standard."

For the current quarter, Cerner expects adjusted earnings of about $0.40 per share and revenue between $790 and $830 million.

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