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Quality Systems, Inc. to Host Fiscal Year 2010 Second Quarter Results Conference Call

Tue. October 27, 2009; Posted: 05:00 AM
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IRVINE, Calif., Oct 27, 2009 (BUSINESS WIRE) -- QSII | Quote | Chart | News | PowerRating -- Quality Systems, Inc. (NASDAQ: QSII | Quote | Chart | News | PowerRating) announced today that its management will host a conference call to review results of its fiscal year 2010 second quarter on Friday, October 30, 2009 at 10:00 AM ET (7:00 AM PT). Quality Systems' financial results for the fiscal year 2010 second quarter will be released prior to market open on Friday, October 30, 2009.

All participants should dial 888-549-7750 at least ten minutes prior to the start of the call. International callers should dial 480-629-9866. To hear a live web simulcast or to listen to the archived web cast following completion of the call, please visit the company web site at www.qsii.com, click on the "Investor Relations" tab, then select "Conference Calls," to access the link to the call. To listen to a telephone replay of the conference call, please dial 800-406-7325 and enter reservation identification number 4177638. The replay will be available from approximately 12:00 PM ET on Friday, October 30, 2009, through 11:59 PM ET on Friday, November 6, 2009.

A transcript of the conference call will be made available on the QSII website at www.qsii.com.

About Quality Systems, Inc.

Irvine, Calif.-based Quality Systems, Inc. and its NextGen Healthcare Information Systems subsidiary develop and market computer-based practice management, patient records and revenue cycle management applications as well as connectivity products and services for medical and dental group practices. 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. 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 and net income), are forward-looking statements within the meaning of these laws and involve a number of risks and uncertainties. Management believes that these forward-looking statements are reasonable and are based on reasonable assumptions and forecasts, however, undue reliance should not be placed on such statements that speak only as of the date hereof. Moreover, these forward-looking statements are subject to a number of risks and uncertainties, some of which are outlined below. As a result, actual results may vary materially from those anticipated by the forward-looking statements. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are: volume and timing of systems sales and installations; length of sales cycles and installation process; the possibility that the products will not achieve market acceptance; seasonal patterns of sales and customer buying behavior; 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; uncertainties concerning threatened, pending and new litigation against the Company including related professional services fees; uncertainties concerning the amount and timing of professional fees incurred by the Company generally; changes of accounting estimates and assumptions used to prepare the prior periods' financial statements; general economic conditions; and the risk factors detailed from time to time in Quality Systems' periodic reports and registration statements filed with the Securities and Exchange Commission. A significant portion of the Company's quarterly sales of software product licenses and computer hardware is concluded in the last month of the 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.

SOURCE: Quality Systems, Inc.

Quality Systems, Inc. 
Paul Holt, CFO, 949-255-2600 
pholt@qsii.com 
or 
Susan J. Lewis, 303-804-0494 
slewis@qsii.com
For full details on Quality Systems Inc (QSII) click here. Quality Systems Inc (QSII) has Short Term PowerRatings of 5. Details on Quality Systems Inc (QSII) Short Term PowerRatings is available at This Link.

    


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