Symbols

NXGN(Delisted)

NextGen Healthcare·NASDAQ

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About NXGN

Nextgen Healthcare, Inc.

A leading provider of innovative healthcare technology solutions

Industry

Established Date

Listing Date

12/03/1982

Exchange

NASDAQ Stock Exchange

Full-time Employees

2,783

Fiscal Year Ends

03-31

Website

www.nextgen.com

Security Type

Common stock

Office address

3525 Piedmont Rd., NE, Building 6, Suite 700, Atlanta, GA

Business

Introduction

NextGen Healthcare, Inc. (Quality Systems Inc.) and its wholly-owned subsidiaries are operated by 4 business units, including: 1. Dental Department; 2. Next Generation Products Department; 3. Hospital Solutions Department (formerly Inpatient Solutions Department); 4. Reliability Centered Maintenance Department (formerly Internship Operations Department). In FY 2011, the company founded Quality Systems India Healthcare Private Limited in India. The company mainly derives profits from the development and marketing center of healthcare information system, which can automatically perform certain operations, such as medical and dental operations and networked operations, the latter including surgical hospitals, independent medical operation organizations and management service organizations, outpatient centers, community medical centers and medical and dental schools with integrated system installation, maintenance, support and additional services, among which additional services include revenue reversal management (RCM) and electronic information exchange. The company's systems and services provide its customers with the ability to redesign patient care programs and other workflows, while increasing productivity through managed ease of access to patient information. By using its own proprietary software and a combination of third-party hardware and software solutions, the company's products can integrate a variety of management and medical information operations. Quality Systems Inc., was incorporated in California in 1974.

Company Financials

EPS

NXGN has released its 2024 Q2 earnings. EPS was reported at 0.31, versus the expected 0.25, beating expectations. The chart below visualizes how NXGN has performed over recent quarters, highlighting trends in earnings surprises.

Revenue & Expenses

NXGN has released its 2024 Q2 earnings report, with revenue of 176.42M, reflecting a YoY change of 10.65%, and net profit of 5.05M, showing a YoY change of -62.89%. The Sankey diagram below clearly presents NXGN's revenue sources and cost distribution.