IRVINE, Calif., Jul 30, 2010 (BUSINESS WIRE) -- Quality Systems, Inc.(NASDAQ:QSII) today announced the results of operations for its fiscal 2011first quarter ended June 30, 2010.The Company reported record net revenues of $82.9 million for the fiscal 2011first quarter, an increase of 24% from $66.6 million in the same quarter lastyear. The Company reported net income of $12.1 million, up 17% versus $10.3million in net income for the comparable period a year ago. Fully dilutedearnings per share were $0.42 in the fiscal 2011 first quarter; an increase of17% when compared with $0.36 fully diluted earnings per share for the firstquarter of fiscal 2010. The fiscal 2011 first quarter results includeamortization of approximately $0.8 million of acquired intangibles, comparedwith approximately $0.4 million for the same quarter a year ago.The fiscal 2011 first quarter results included approximately $0.8 million inexpenses related to the integration of the Company's previously acquired RevenueCycle Management (RCM) entities, Healthcare Strategic Initiatives (HSI) andPractice Management Partners (PMP). Both of these acquisitions are nowadministered and aggregated in the Company's new NextGen Practice Solutionsdivision.
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