2 Rising Healthcare Stocks to Watch Now

  Google+ | + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Athenahealth, Inc. (NASDAQ:ATHN) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Net income increased 10.69% to $5.9 million (28 cents per diluted share adjusted) in the quarter versus a net gain of $5.33 million in the year-earlier quarter. Revenue rose 25.72% to $116.3 million from the year-earlier quarter.

Athenahealth, Inc. reported adjusted net income of 28 cents per share. By that measure, the company met the mean analyst estimate of $0.28. It missed the average revenue estimate of $116.97 million.

Markets are off to the races and this stock is on fire. Click here to discover it now!


More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business