Athenahealth (ATHN) Tops Q3 EPS by 10c

Athenahealth (NASDAQ: ATHN) reported Q3 EPS of $0.36, $0.10 better than the analyst estimate of $0.26. Revenue for the quarter came in at $236.1 million versus the consensus estimate of $232.97 million.

Athenahealth sees FY2015 EPS of $1.10-$1.20, versus the consensus of $1.22. Athenahealth sees FY2015 revenue of $905-925 million, versus the consensus of $919.75 million.

“Our unique results-oriented model and continuously expanding technology-enabled services are the foundation for our credibility and continued growth in health care. Our allegiance to drive both clinical and financial outcomes for our clients is fundamentally what differentiates us from traditional software vendors,” said Jonathan Bush, chairman and chief executive officer of athenahealth. “While we are still in the early days of bringing the full power of the internet to health care, we are gaining nice momentum as we innovate to improve the way patients are managed and advance connectedness across our network and the care continuum at large. This quarter again reflects progress being made. There is no precedent set for what we are doing to advance health care.”

For earnings history and earnings-related data on Athenahealth (ATHN) click here.

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