Exhibit 99.1

Cerner Reports Fourth Quarter and Full Year 2016 Results

KANSAS CITY, Mo. - February 9, 2017 -
Cerner Corporation (Nasdaq: CERN) today announced results for the 2016 fourth quarter and full year that ended December 31, 2016.

Bookings in the fourth quarter of 2016 were $1.44 billion, an increase of 7 percent compared to $1.35 billion in the fourth quarter of 2015 and within the Company’s guidance range. Full-year 2016 bookings were a record $5.45 billion, up slightly compared to 2015 bookings of $5.43 billion.

Fourth quarter revenue was $1.26 billion, an increase of 7 percent compared to $1.18 billion in the year-ago period and within the Company’s guidance range. Full-year 2016 revenue was $4.80 billion, up 8 percent compared to 2015 revenue of $4.43 billion.

On a U.S. Generally Accepted Accounting Principles (GAAP) basis, fourth quarter 2016 net earnings were $149.7 million and diluted earnings per share were $0.44. Fourth quarter 2015 GAAP net earnings were $166.1 million and diluted earnings per share were $0.48. For the full year, 2016 GAAP net earnings were $636.5 million and diluted earnings per share were $1.85. Full year 2015 GAAP net earnings were $539.4 million and diluted earnings per share were $1.54.
 
Adjusted Net Earnings for fourth quarter 2016 were $206.2 million, compared to $212.3 million of Adjusted Net Earnings in the fourth quarter of 2015. Adjusted Diluted Earnings Per Share were $0.61 in the fourth quarter of 2016, which is flat to the year-ago quarter and within the Company’s guidance range. Analysts’ consensus estimate for fourth quarter 2016 Adjusted Diluted Earnings Per Share was $0.61. For the full year 2016, Adjusted Net Earnings were $790.4 million and Adjusted Diluted Earnings Per Share were $2.30, compared to full year 2015 Adjusted Net Earnings of $741.1 million and Adjusted Diluted Earnings Per Share of $2.11.

Adjusted Net Earnings and Adjusted Diluted Earnings Per Share are not recognized terms under GAAP. These non-GAAP financial measures should not be substituted for GAAP net earnings or GAAP diluted earnings per share, respectively, as measures of Cerner’s performance, but instead should be utilized as supplemental measures of financial performance in evaluating our business. Please see the accompanying schedule, titled “Reconciliation of GAAP Results to Non-GAAP Results,” where our non-GAAP financial measures are defined and reconciled to the most comparable GAAP measures.

Other 2016 Fourth Quarter and Full-Year Highlights:

Fourth quarter operating cash flow of $333.2 million and full-year of $1.156 billion.

Fourth quarter Free Cash Flow of $136.8 million. For the full year, Free Cash Flow was $402.5 million. Free Cash Flow is a non-GAAP financial measure defined as GAAP cash flows from operating activities less capital purchases and capitalized software development costs. Please see the accompanying schedule, titled "Reconciliation of GAAP Results to Non-GAAP Results."

Fourth quarter days sales outstanding of 69 days, down from 80 days in the year-ago period.

Total backlog of $15.927 billion, up 12 percent over the year-ago quarter.

"I am pleased with our results in the fourth quarter, with all of our key metrics in our expected ranges," said Zane Burke, Cerner President. "Our results included particular strength in new client wins, and we enter 2017 with a strong competitive position, a significant pipeline, and a solid growth outlook."




The following information was filed by Cerner Corp (CERN) on Thursday, February 9, 2017 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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