An increase in bookings helped propel Cerner's second-quarter net earnings to a total of $129 million, a 14 percent increase over the same period last year.
Bookings were $1.08 billion in the three month period ended June 28, the most the company has ever recorded in a second quarter and a 15 percent increase over bookings during the second quarter of 2013. Cerner's revenue hit $851.8 million, a 20 percent jump over Q2 2013.
“Our outstanding second quarter results reflect Cerner’s strong position in a growing industry,” said Neal Patterson, Cerner chairman, CEO and co-founder, in a news release. “Healthcare providers face a growing list of measures and mandates that are putting pressure on them to lower costs while also improving quality. We believe IT is the biggest lever to help them address these challenges, and we are continuing to invest heavily in research and development to not only help providers navigate the current environment, but also prepare them for the future.”
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