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SHARED MEDICAL SYSTEMS REPORTS RESULTS FOR THE FOURTH QUARTER AND YEAR ENDED DEC. 31, 1991

 SHARED MEDICAL SYSTEMS REPORTS RESULTS
 FOR THE FOURTH QUARTER AND YEAR ENDED DEC. 31, 1991
 MALVERN, Pa., Feb. 19 /PRNewswire/ -- Shared Medical Systems Corporation (SMS) (NASDAQ: SMED) today announced its financial results for the fourth quarter and year ended Dec. 31, 1991.
 Revenues for the fourth quarter of 1991 were $117,354,000 compared to $110,403,000 during the same period in 1990. Income before income taxes for the quarters ended Dec. 31, 1991, and Dec. 31, 1990, were $10,356,000 and $8,794,000, respectively. Net income and net income per share for the current quarter were $6,628,000 and $.29, respectively, compared to net income of $5,892,000 and net income per share of $.26 in the fourth quarter of 1990.
 Revenues for the 12 months ended Dec. 31, 1991, were $438,705,000 compared to $403,127,000 during the same period in 1990. Income before income taxes for the 12 months ended Dec. 31, 1991 and 1990, were $39,512,000 and $33,819,000, respectively. Net income and net income per share for the 12 months ended Dec. 31, 1991, were $25,288,000 and $1.11, respectively, compared to net income of $22,659,000 and net income per share of $1.01 during the same period in 1990.
 SHARED MEDICAL SYSTEMS CORPORATION
 (In thousands, except per-share amounts)
 Quarter 12 Months
 (Unaudited)
 Periods ended Dec. 31 1991 1990 1991 1990
 Revenues $117,354 $110,403 $438,705 $403,127
 Income before
 income taxes 10,356 8,794 39,512 33,819
 Net income 6,628 5,892 25,288 22,659
 Net income per share $.29 $.26 $1.11 $1.01
 Weighted average number
 of shares outstanding 22,816 22,484 22,761 22,437
 /delval/
 -0- 2/19/92
 /CONTACT: Terrence W. Kyle of SMS, 215-296-6300/
 (SMED) CO: Shared Medical Systems Corporation ST: Pennsylvania IN: CPR SU: ERN


JS-MK -- PH038 -- 0612 02/19/92 16:23 EST
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Publication:PR Newswire
Date:Feb 19, 1992
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