Cerner Reports Fourth Quarter And Full-Year 2020 Results

Rhea-AI Summary

Cerner Corporation (Nasdaq: CERN) announced its fourth-quarter and full-year 2020 results, highlighting a strong finish within guidance ranges. The company demonstrated solid execution throughout the pandemic, achieving continued margin expansion and strong cash flow. Cerner's outlook remains robust, with key metrics reflecting positive growth trends. An earnings conference call is scheduled for February 10, 2021, at 3:30 p.m. CT, where management will discuss results and future expectations.

Positive

• Solid execution during the pandemic.
• Continued margin expansion.
• Strong cash flow.

Negative

• None.

Strong Finish to Year with All Key Metrics Within Company Guidance Ranges

Results Reflect Solid Execution During Pandemic

Continued Margin Expansion; Strong Cash Flow; Solid Growth Outlook

KANSAS CITY, Mo., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq: CERN) today announced results for the 2020 fourth quarter and full year that ended December 31, 2020.   The results can be viewed here as well as on the company’s website at https://investors.cerner.com/financial-releases.

Cerner will host an earnings conference call to provide additional detail on the Company’s results and outlook at 3:30 p.m. CT on February 10, 2021. On the call, Cerner will discuss its fourth quarter and full-year 2020 results and answer questions from the investment community. The call may also include discussion of Cerner developments, and forward-looking and other material information about business and financial matters. The dial-in number for the conference call is (678) 509-7542; the passcode is Cerner. Cerner recommends joining the call 15 minutes early for registration.

An audio webcast will be available live and archived on Cerner’s Investor Relations website at https://investors.cerner.com/events-and-presentations.

What: Cerner Fourth Quarter and Full Year 2020 Earnings Conference Call Webcast
When: Wednesday, February 10, 2021
Time: 3:30 p.m. Central Time
Financial Results:   https://investors.cerner.com/financial-releases
Webcast:   https://investors.cerner.com/events-and-presentations

Investor Contact: Allan Kells, (816) 201-2445, akells@cerner.com
Media Contact: Stephanie Greenwood, (816) 201-2137, Stephanie.Greenwood@cerner.com

A PDF accompanying this announcement is available at http://ml.globenewswire.com/Resource/Download/b57cad9d-c438-4a72-b223-7e6d014b5320

 

FAQ

What were Cerner's earnings for the fourth quarter of 2020?

Cerner Corporation released its fourth-quarter earnings on February 10, 2021, but specific financial figures were not detailed in the press release.

When is Cerner's earnings conference call scheduled?

Cerner's earnings conference call is set for February 10, 2021, at 3:30 p.m. Central Time.

What key metrics did Cerner report in their 2020 results?

Cerner reported a strong finish to the year with all key metrics falling within company guidance ranges.

How did Cerner perform financially during the pandemic?

Cerner exhibited solid execution and continued to expand margins while maintaining strong cash flow throughout the pandemic.