Allscripts' Q4 2020 results demonstrated continued progress with revenue of $386 million and non-GAAP revenue of $415 million. The company reported a GAAP EPS of $4.82 and a non-GAAP EPS of $0.29, driven by strategic actions and portfolio optimization. The company closed sales of EPSi and CarePort Health, repurchased $280 million of stock, and ended the quarter in a net cash position.
Allscripts' Q4 GAAP revenue was $386 million, while non-GAAP revenue was $415 million.
GAAP net income totaled $728 million, and non-GAAP net income was $45 million.
The company reported GAAP EPS of $4.82 and non-GAAP diluted EPS of $0.29.
Allscripts repurchased $280 million of stock and closed sales of EPSi and CarePort Health.
For the full year 2021, Allscripts expects to achieve revenue of $1.5 billion, adjusted EBITDA between $240 million and $260 million, and free cash flow between $90 million and $100 million.
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