FLASH: SHARES OF MDRX PLUNGE AMIDST EXODUS OF CFO AND 4 BOARD MEMBERS

Unbelievable carnage, down more than 40%.

“Our overall results were primarily affected by lower than expected sales and an unfavorable sales mix, which directly impacted revenue and profit,” said Glen Tullman, Chief Executive Officer of Allscripts. “In addition, our investments in improving client experience and accelerating product development, as well as higher than expected software development expense, also put pressure on our bottom line.

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