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Athenahealth, Inc. (ATHN) Guides FY14, FY15 In-Line with Views

December 10, 2014 4:08 PM EST
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Price: $9.59 --0%

Financial Fact:
Operating income: 15.15M

Today's EPS Names:
SHIM, KOD, HEWA, More
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Athenahealth, Inc. (NASDAQ: ATHN) reaffirmed financial guidance for fiscal year 2014 and announced financial guidance for fiscal year 2015.

The company sees FY 2014 EPS of $0.98 to $1.10, versus the consensus of $1.10 and FY 2015 EPS of $1.20-$1.30 versus the consensus of $1.25. The company sees FY 2014 revs of $725-$755 million, versus the consensus of $747.2 million and FY 2015 revs of $900-$925 million versus the consensus of $923.9 million.

For the Fiscal Year Ending:
December 31, 2014December 31, 2015
GAAP Total Revenue$725 -- $755 million$900 -- $925 million
Non-GAAP Adjusted Gross Margin62.5% - 63.5%63.0% - 64.0%
Non-GAAP Adjusted Operating Income$70 -- $80 million$80 -- $90 million
Non-GAAP Adjusted Net Income per Diluted Share$0.98 -- $1.10$1.20 -- $1.30
Non-GAAP Tax Rate40%40%

"We are very excited about the significant market opportunities ahead of us and are pleased to present an ambitious financial plan for fiscal year 2015. We expect that our investments will be prioritized around building the necessary teams, processes, and services to continue our growth trajectory as we expand to support the full continuum of care," said Kristi Matus, chief financial and administrative officer of athenahealth. "As always, we will measure our success in 2015 by our corporate balanced scorecard which includes stability, performance, client satisfaction, and financial metrics that best reflect how we are progressing against our long-term vision of building the health care internet."



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