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Computer Programs & Systems (CPSI) issued its quarterly earnings data on Thursday. The company reported $ 0.59 earnings per share for the quarter, beating the consensus estimate of $ 0.58 by $ 0.01. The company’s revenue for the quarter was down 2.1% on a year-over-year basis.

On a related note, analysts at Auriga reiterated a “buy” rating on shares of Computer Programs & Systems in a research note to investors on Tuesday, January 17th. Analysts at Morgan Keegan cut their price target on shares of Computer Programs & Systems to $ 66.00 in a research note to investors on Tuesday, December 13rd. Also, analysts at Zacks Investment Research downgraded shares of Computer Programs & Systems from an “outperform” rating to a “neutral” rating in a research note to investors on Wednesday, November 2nd.

Shares of Computer Programs & Systems (CPSI) traded up 3.41% during mid-day trading on Thursday, hitting $ 53.31. Computer Programs & Systems (CPSI) has a one year low of $ 41.80 and a one year high of $ 79.06. The stock’s 50-day moving average is $ 50.08 and its 200-day moving average is $ 59.70. The company has a market cap of $ 589.8 million and a P/E ratio of 21.84.

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Ralph William Townsend, a retired computer and systems expert, died Sunday of heart failure at Gilchrist Hospice Care in Columbia.

The longtime Columbia resident was 82.

Mr. Townsend was born and raised in Fitchburg, Mass., where he graduated in 1947 from Fitchburg Senior High School.

He enlisted in the Air Force in 1948 and worked as an air traffic controller until being discharged in 1952.

In the 1950s, he worked for McDonnell Douglas Corp. In the early 1960s he joined Rockwell International, where he was assigned to the Apollo lunar spacecraft program.

Mr. Townsend was appointed head of the systems at Mid-Atlantic Toyota in 1971, where he implemented a computer system that kept track of inventory.

He established Columbia General Services in 1978, a Columbia computer consulting firm that designed and installed system programs.

Mr. Townsend sold the business in 1991 and retired.

He enjoyed swimming, traveling and work…………… continues on Baltimore Sun

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