NextGen Healthcare down 6% after guiding 'relatively flat' earnings until FY23 - InvestingChannel

NextGen Healthcare down 6% after guiding ‘relatively flat’ earnings until FY23

In presentation slides for its analyst day meeting, NextGen Healthcare said its long-term outlook is for revenue to grow at an “increasing pace from mid to high single digits by 2023.” NextGen added that earnings “will be relatively flat until FY2023 due to the increased investment.” In afternoon trading NextGen Healthcare shares are down $1.11, or 6.15%, to $17.02.