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Cerner Reports Third Quarter 2020 Results In Line With Company Expectations

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CFO Marc Naughton will Depart in 2021

KANSAS CITY, Mo., Oct. 28, 2020 (GLOBE NEWSWIRE) -- Cerner Corporation (Nasdaq: CERN) today announced results for the 2020 third quarter that ended September 30, 2020.   The company also announced today that Marc Naughton, Executive Vice President and Chief Financial Officer (CFO), will be leaving the company in 2021. He expects to remain at Cerner during the search for his successor and to transition his responsibilities.

The third quarter 2020 earnings release and announcement can be viewed here, as well as on the company’s website at https://investors.cerner.com/financial-releases.

Cerner will host an earnings conference call to provide additional detail on the Company’s results and outlook at 3:30 p.m. CT on October 28, 2020. On the call, Cerner will discuss its third quarter 2020 results and answer questions from the investment community. The call may also include discussion of Cerner developments, and forward-looking and other material information about business and financial matters. The dial-in number for the conference call is (678) 509-7542; the passcode is Cerner. Cerner recommends joining the call 15 minutes early for registration.

An audio webcast will be available live and archived on Cerner’s Investor Relations website at https://investors.cerner.com/events-and-presentations.

What: Cerner Third Quarter 2020 Earnings Conference Call Webcast
When: Wednesday, October 28, 2020
Time: 3:30 p.m. Central Time
Financial Results:   https://investors.cerner.com/financial-releases
Webcast:   https://investors.cerner.com/events-and-presentations

Investor Contact: Allan Kells, (816) 201-2445, akells@cerner.com
Media Contact: Stephanie Greenwood, (816) 201-2137, Stephanie.Greenwood@cerner.com

A PDF accompanying this announcement is available at http://ml.globenewswire.com/Resource/Download/93be008a-7338-42d0-8478-3ad3228d8a77

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About CERN

Cerner's health technologies connect people and information systems at thousands of contracted provider facilities worldwide dedicated to creating smarter and better care for individuals and communities. Recognized globally for innovation, Cerner assists clinicians in making care decisions and assists organizations in managing the health of their populations. The company also offers an integrated clinical and financial system to help manage day-to-day revenue functions, as well as a wide range of services to support clinical, financial and operational needs, focused on people.