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Allscripts (MDRX) -45.8% AH after posting a bleak Q1 report and announcing a significant management shakeup. Chairman Phil Pead has been kicked out, and 3 board members who disagreed are resigning. CFO Bill Davis is also stepping down. AllScripts' Q1 revenue of $365.5M and EPS of $0.12 missed by $22.2M and $0.12. The company now expects 2012 revenue of $1.48B-$1.52B and EPS of $0.74-$0.80, below a consensus of $1.64B and $1.09. [[QSII]] -6.3% in sympathy. (PR)

Allscripts (MDRX) -45.8% AH after posting a bleak Q1 report and announcing a significant management shakeup. Chairman Phil Pead has been kicked out, and 3 board members who disagreed are resigning. CFO Bill Davis is also stepping down. AllScripts' Q1 revenue of $365.5M and EPS of $0.12 missed by $22.2M and $0.12. The company now expects 2012 revenue of $1.48B-$1.52B and EPS of $0.74-$0.80, below a consensus of $1.64B and $1.09. QSII -6.3% in sympathy.  (PR) Post your comment!
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