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COMMUNITY HEALTH COMPUTING CORPORATION REPORTS FIRST QUARTER RESULTS

 HOUSTON, April 5 /PRNewswire/ -- Community Health Computing Corp. (NASDAQ: CHCC) today reported operating results for the first quarter ended February 28, 1993. Revenues were $8,009,000 which was in line with the previously reported management estimate and compared with revenues of $8,034,000 for the first quarter of 1992. The company's net loss of $671,000 for the 1993 first quarter, as compared to a loss of $374,000 for the year ago quarter, was also in line with the earlier estimate reported by management. The net loss per share was $.28 for the first quarter of 1993 compared to $.16 loss per share for the first quarter of 1992.
 Community Health Computing Corp. develops, provides and supports enterprise-wide information systems, which utilize UNIX-based open systems computer architecture, for hospitals and other healthcare facilities primarily in North America and the United Kingdom.
 COMMUNITY HEALTH COMPUTING CORP.
 Summary of Operations
 (Unaudited, In Thousands, Except For Share Data)
 Period Ended Three Months
 February 28, February 29,
 1993 1992
 Revenues $8,009 $8,034
 Operating income (loss) (947) (182)
 Income (loss) before income taxes (1,081) (374)
 Income taxes expense (benefit) (410) (0)
 Net income (loss) ($671) ($374)
 Net earnings (loss) per share ($0.28) ($0.16)
 Weighted average shares
 outstanding 2,404,690(A) 2,356,752
 (A) Prior to issuance of 5,606,888 shares of Common Stock in connection with the company's Initial Public Offering which was consummated in March 1993, including the conversion of 3,518,805 shares of preferred stock into common stock and the exercise of warrants for 246,170 shares of common stock.
 -0- 4/5/93
 /CONTACT: Johnnie W. Domingue, vice president-finance and CFO, of Community Health Computing Corporation, 713-960-1907/
 (CHCC)


CO: Community Health Computing Corp. ST: Texas IN: CPR SU: ERN

LD -- NY064 -- 3223 04/05/93 17:34 EDT
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Publication:PR Newswire
Date:Apr 5, 1993
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