Quality Systems, Inc. to Postpone Investment Community Analyst Day Due to Hurricane Sandy
IRVINE, Calif.--(BUSINESS WIRE)--
Quality Systems, Inc. (NASDAQ: QSII) announced today it has been forced
to postpone its investment community analyst day scheduled for Monday,
November 5, 2012, due to the impact and aftermath of Hurricane Sandy.
The event was scheduled to be held at the Le Parker Meridien Hotel in
New York City, which has been closed indefinitely as it is located in an
affected area.
More information will be made public as soon as it is available.
About
Quality Systems, Inc.
Irvine, Calif.-based Quality
Systems, Inc. and its NextGen
Healthcare subsidiary develop and market computer-based practice
management, electronic health records and revenue cycle management
applications as well as connectivity products and services for medical
and dental group practices and small hospitals. Visit www.qsii.com
and www.nextgen.com
for additional information.
SAFE HARBOR PROVISIONS FOR FORWARD-LOOKING STATEMENTS
This news release may contain forward-looking statements within the
meaning of the federal securities laws, including but not limited to,
statements regarding future events, developments, the Company's future
performance, as well as management's expectations, beliefs, intentions,
plans, estimates or projections relating to the future (including,
without limitation, statements concerning revenue, net income and
earnings per share). Risks and uncertainties exist that may cause the
results to differ materially from those set forth in these
forward-looking statements. Factors that could cause the anticipated
results to differ from those described in the forward-looking statements
are set forth in Part I, Item A of our most recent Annual Report on Form
10-K for the fiscal year ended March 31, 2012, including but not limited
to: the volume and timing of systems sales and installations; length of
sales cycles and the installation process; the possibility that products
will not achieve or sustain market acceptance; seasonal patterns of
sales and customer buying behavior; impact of incentive payments under
The American Recovery and Reinvestment Act on sales and the ability of
the Company to meet continued certification requirements; the
development by competitors of new or superior technologies; the timing,
cost and success or failure of new product and service introductions,
development and product upgrade releases; undetected errors or bugs in
software; product liability; changing economic, political or regulatory
influences in the health-care industry; changes in product-pricing
policies; availability of third-party products and components;
competitive pressures including product offerings, pricing and
promotional activities; the Company's ability or inability to attract
and retain qualified personnel; possible regulation of the Company's
software by the U.S. Food and Drug Administration; changes of accounting
estimates and assumptions used to prepare the prior periods' financial
statements; and general economic conditions. A significant portion of
the Company's quarterly sales of software product licenses and computer
hardware is concluded in the last month of a fiscal quarter, generally
with a concentration of such revenues earned in the final ten business
days of that month. Due to these and other factors, the Company's
revenues and operating results are very difficult to forecast. A major
portion of the Company's costs and expenses, such as personnel and
facilities, are of a fixed nature and, accordingly, a shortfall or
decline in quarterly and/or annual revenues typically results in lower
profitability or losses. As a result, comparison of the Company's
period-to-period financial performance is not necessarily meaningful and
should not be relied upon as an indicator of future performance. The
Company undertakes no obligation to publicly update any forward-looking
statements, whether as a result of new information, future events or
otherwise.
Quality Systems, Inc.
Susan J. Lewis, 303-804-0494
Cell:
303-518-7100
[email protected]
Source: Quality Systems, Inc.
News Provided by Acquire Media
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