Press Ganey Holdings (PGND) Misses Q1 EPS by 11c

Press Ganey Holdings (NYSE: PGND) reported Q1 EPS of $0.14, $0.11 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $86.7 million versus the consensus estimate of $83.54 million.

2016 Guidance

The Company currently expects 2016 revenue to be $357 million and adjusted EBITDA to be $138 million, excluding the impact of the recently announced acquisition of Avatar International Holding Company and its subsidiary Avatar International LLC (“Avatar”). The Company expects the acquisition of Avatar to contribute revenue of $6 million to $7 million in 2016 and have no material impact on adjusted EBITDA in 2016.

For earnings history and earnings-related data on Press Ganey Holdings (PGND) click here.

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