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SHARED MEDICAL SYSTEMS REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 1992

 SHARED MEDICAL SYSTEMS REPORTS RESULTS
 FOR THE FIRST QUARTER ENDED MARCH 31, 1992
 MALVERN, Pa., April 27 /PRNewswire/ -- Shared Medical Systems Corporation (SMS) (NASDAQ: SMED) today announced its financial results for the first quarter ended March 31, 1992.
 Revenues for the first quarter of 1992 were $112,459,000 compared to $102,010,000 during the same period in 1991. Income before income taxes for the quarters ended March 31, 1992, and March 31, 1991, were $10,806,000 and $9,509,000 respectively. Net income and net income per share for the current quarter were $6,808,000 and $.30, respectively, compared to net income of $6,085,000 and net income per share of $.27 in the first quarter of 1991.
 James Macaleer, SMS chief executive officer, indicated that he was pleased with the quarter's results and the progress SMS has made in re- establishing a record of growth. However, he cautioned that, while SMS is optimistic with respect to the remainder of 1992, SMS' markets remain difficult, and therefore its first quarter's results should not be considered a guarantee of quarter results for the remainder of 1992.
 SHARED MEDICAL SYSTEMS CORPORATION
 (Unaudited)
 Quarter ended March 31 1992 1991
 Revenues $112,459,000 $102,010,000
 Income before income taxes 10,806,000 9,509,000
 Net income 6,808,000 6,085,000
 Net income per share $.30 $.27
 Weighted average number
 of shares outstanding 22,884,000 22,566,000
 /delval/
 -0- 4/27/92
 /CONTACT: Terrence W. Kyle, vp-finance of SMS, 215-296-6300/
 (SMED) CO: Shared Medical Systems Corporation ST: Pennsylvania IN: CPR SU: ERN


KA-LJ -- PH045 -- 3351 04/27/92 16:22 EDT
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Publication:PR Newswire
Date:Apr 27, 1992
Words:278
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