Tag - Cpsi

Whew. As much of the country sweltered in July's heat, and all eyes were on the spending stalemate in Washington, stock investors scurried to find safe havens.

A wave of positive earnings news on Friday helped small-cap investors generally pick out some individual winners and emerge from the month in better shape than their large-cap brethren.

However, the two leading indexes that track small caps, the Russell 2000 Index and the Standard & Poor's Small Cap 600, both finished July with substantial losses: The Russell was off 3.6 percent, with the S&P Small Cap down 3.3 percent.

ShoreTel Inc. (Nasdaq:SHOR), Daily Journal Corp. (Nasdaq:DJCO) and Computer Programs And Systems Inc. (Nasdaq:CPSI) are among the new 52-week highs in Tuesday's trading among companies with market capitalizations under $1 billion.

Spectrum Pharmaceuticals Inc. (Nasdaq:SPPI), Destination Maternity Corp. (Nasdaq:DEST) and 99 Cents Only Stores (Nasdaq:NDN) are among the new 52-week lows in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Citizens Holdings Co. (Nasdaq:CIZN), Computer Programs And Systems Inc. (Nasdaq:CPSI), Schweitzer Mauduit International Inc (Nasdaq:SWM), Wilber Corp. (Nasdaq:GIW), Compellent Technologies Inc. (Nasdaq:CML) and Seneca Foods Corp. (Nasdaq:SENEA).

Pantry Inc (Nasdaq:PTRY), Computer Programs And Systems Inc (Nasdaq:CPSI) and BJs Restaurants Inc (Nasdaq:BJRI) are among the new 52-week highs in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: ICU Medical Inc (Nasdaq:ICUI), Danvers Bancorp Inc (Nasdaq:DNBK), Cornerstone Therapeutics Inc (Nasdaq:CRTX), Corriente Resources Inc (Nasdaq:ETQ), Changyou.com Ltd (Nasdaq:CYOU) and Great Southern Bancorp Inc (Nasdaq:GSBC).

Sourcefire Inc. (Nasdaq:FIRE), KongZhong Corp. (Nasdaq:KONG) and Kirklands Inc. (Nasdaq:KIRK) are among the new 52-week highs in Monday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Quigley Corp. (Nasdaq:QGLY), Hot Topic Inc. (Nasdaq:HOTT), Louisiana Bancorp Inc. (Nasdaq:LABC), SIGA Technologies Inc. (Nasdaq:SIGA), Computer Programs And Systems Inc. (Nasdaq:CPSI) and Force Protection Inc. (Nasdaq:FRPT).

DryShips Inc. (Nasdaq:DRYS), Heidrick & Struggles International Inc. (Nasdaq:HSII) and DrdGold ADR (Nasdaq:DROOY) are among the most actively traded companies in Friday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Computer Programs And Systems Inc. (Nasdaq:CPSI), OmniVision Technologies Inc. (Nasdaq:OVTI), Canadian Solar Inc. (Nasdaq:CSIQ), Schnitzer Steel Industries Inc. (Nasdaq:SCHN), Energy Conversion Devices Inc. (Nasdaq:ENER) and Natus Medical Inc. (Nasdaq:BABY).

"Computer Programs & Systems (Nasdaq:CPSI), a healthcare information solutions company, has been pushing up against a 52-week high during the past few days," notes Alex Kolb.

In Zacks Elite Stock of the Day, he explains, "The company has stellar fundamentals that make this a great growth and income pick."

"The company provides healthcare information solutions for community hospitals with over 650 client hospitals in 46 states.

"The company was founded in 1979, and is a single-source vendor providing comprehensive software and hardware products as well as complete installation services and extensive support.

"CPSI's fully integrated, enterprise-wide system automates clinical and financial data management in each of the primary functional areas of a hospital.

"Its 700 technical, healthcare and medical professionals provide system implementation and continuing support services as part of a comprehensive program designed to respond to clients' information needs in a constantly changing healthcare environment.

"The company recently posted fourth-quarter results. For the year, total revenues jumped 8.8% to $119.7 million from the previous year's $110.0 million. Full-year net income increased 19.5% year-over-year to $15.4 million, or $1.43 per share, compared with $12.9 million, or $1.20 per share.

"Some of the stellar fundamentals that make CPSI a great growth and income pick include the company's return on equity (ROE) of 40%, which soars past the industry average of 9%. It has a solid balance sheet with no debt. The company's net profit margin of 13% also tops the industry average of 5%.

"The company recently posted fourth-quarter results. For the year, total revenues jumped 8.8% to $119.7 million from the previous year's $110.0 million. Full-year . . .

Computer Programs And Systems Inc. (Nasdaq:CPSI), Neutral Tandem Inc. (Nasdaq:TNDM) and ImmunoGen Inc. (Nasdaq:IMGN) are among the new 52-week highs in Wednesday's trading among companies with market capitalizations under $1 billion.

DryShips Inc. (Nasdaq:DRYS), Computer Programs And Systems Inc. (Nasdaq:CPSI) and TiVo Inc. (Nasdaq:TIVO) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Semtech Corp. (Nasdaq:SMTC), Cabot Microelectronics Corp. (Nasdaq:CCMP), HMS Holdings Corp. (Nasdaq:HMSY), Imperial Sugar Co. (Nasdaq:IPSU), Arkansas Best Corp. (Nasdaq:ABFS) and Focus Media Holding Ltd. (Nasdaq:FMCN).

Ocwen Financial Corp. (Nasdaq:OCN), Village Super Market Inc. (Nasdaq:VLGEA) and Computer Programs And Systems Inc. (Nasdaq:CPSI) are among the new 52-week highs in Wednesday's trading among companies with market capitalizations under $1 billion.

Computer Programs And Systems Inc. (Nasdaq:CPSI), Zhongpin Inc. (Nasdaq:HOGS) and Sequenom Inc. (Nasdaq:SQNM) are among the most actively traded companies in Wednesday's trading among companies with market capitalizations under $1 billion.

Also included among the results: Rambus Inc. (Nasdaq:RMBS), TBS International Ltd. (Nasdaq:TBSI), LHC Group Inc. (Nasdaq:LHCG), Hot Topic, Inc. (Nasdaq:HOTT), GMX Resources Inc. (Nasdaq:GMXR) and Zions Bancorp (Nasdaq:ZION).

Computer Programs & Systems, Inc. (Nasdaq: CPSI) shares are edging down after the health care information technology company reported third-quarter net income of $3.2 million, or $0.30 per share, above analyst estimates but below $3.4 million, or $0.32 per share, a year earlier.

Quarterly revenue increased to $28 million, below Wall Street projections of $27.97 million and from $27.3 million during the same period of 2006.

In morning trading, CPSI shares are down 2.86%, or $0.71, at $27.30. Over the last 52 weeks, shares have ranged from $24.85 to $37.59.

Shares of Computer Programs and Systems, Inc. (Nasdaq: CPSI) are trading in negative territory following news of a second-quarter profit decline.

The net income for the period ended June 30 was $3.3 million, or $0.31 per share, 19.2% lower compared with a net income of $4.1 million, or $0.38 per share, during the same three-month period of 2006, the Mobile, Ala.-based healthcare information technology company announced after Thursday’s close.

Revenues also took a hit, falling 3.5% to $28.0 million, compared with $29.0 million during the second quarter of 2006.