August 5, 2006 |
Shares of Quality Systems Inc., a maker of medical management software, soared after the company's fiscal first-quarter profit rose 51%, beating Wall Street estimates. Shares of the Irvine-based company rose $6.26 to $40.26. Net income grew to $7.7 million, or 28 cents a share, from $5.1 million, or 19 cents, a year earlier. Revenue rose 32% to $36.1 million from $27.4 million a year earlier.
October 6, 2005 |
Irvine-based Quality Systems Inc., embroiled in a proxy fight with a dissident director, said that shareholders at the annual meeting elected two directors from the dissidents' slate and six from management's slate. Ahmed Hussein and Ibrahim Fawzi will represent dissidents on the board. Hussein, a director since 1999 and the second-largest shareholder of the healthcare information-systems firm, has led a campaign against current management over executive compensation and other issues.
May 24, 2002
Quality Systems Inc., a Tustin maker of medical records and management software, reported net income of $1.5 million, or 24 cents a share, for its fiscal fourth quarter, up from $1.2 million, or 19 cents a share, for last year's final three months. Revenue rose 12% to $12 million for the quarter ended March 31. For the year, Quality Systems earned $5.3 million, or 84 cents a share, a 51% increase over $3.5 million, or 57 cents a share, earned the previous year. Annual sales rose 11% to $44.
August 17, 2001 |
Fund manager Cannell Capital LLC, which owns 9.5% of Quality Systems Inc., called on the Tustin maker of medical records and management software to buy back shares. The San Francisco investment firm headed by J. Carlo Cannell "intends to recommend" to Quality Systems that it initiate a tender offer for shares, according to a document filed Thursday with the Securities and Exchange Commission.
May 24, 2001
* Quality Systems Inc., a Tustin provider of computer-based management and records systems for medical and dental groups, reported that fiscal fourth-quarter net income more than doubled to $1.2 million, or 19 cents a share, from $549,000, or 9 cents, a year ago. Revenue rose nearly 22% to $10.7 million. * R.R. Donnelley & Sons Co. has renewed its contract to print People, Time and Sports Illustrated through 2006.
January 31, 2001
The Tustin provider of computer-based management and electronic records systems for medical and dental groups said net income for the third fiscal quarter more than doubled to a record $966,000, or 16 cents a share, from $475,000, or 8 cents a share, a year earlier. Revenue for the quarter ended Dec. 31 rose 17% to $10.3 million.