CERN - Cerner Non-GAAP EPS of $0.89 beats by $0.02 revenue of $1.43B misses by $40M

Cerner press release (NASDAQ:CERN): Q1 Non-GAAP EPS of $0.89 beats by $0.02. Revenue of $1.43B (+2.9% Y/Y) misses by $40M. GAAP operating margin of 17.6%, up 190 basis points from 15.7% in the year-ago quarter. Adjusted Operating Margin (non-GAAP) of 22.7%, up 130 basis points from 21.4% in the year-ago quarter. GAAP cash flow from operating activities of $375 million, down 17% compared to $450 million in the year-ago quarter. Free Cash Flow (non-GAAP) of $276 million, down 5% compared to $291 million in the year-ago quarter.

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Cerner Non-GAAP EPS of $0.89 beats by $0.02, revenue of $1.43B misses by $40M