WageWorks (WAGE) Tops Q1 EPS by 1c

WageWorks (NYSE: WAGE) reported Q1 EPS of $0.29, $0.01 better than the analyst estimate of $0.28. Revenue for the quarter came in at $85.3 million versus the consensus estimate of $83.3 million.

"We started 2015 on a strong note, and I am very pleased with our first quarter results which demonstrate that we are executing and capitalizing on our expanding market opportunity. This year's selling season is off to a solid start, and we are continuing to expand our reach through multiple avenues for growth, including channel partnerships, private and public exchanges, and sales of our full product portfolio across our growing client base. Our performance is a testament to the increasing demand for Consumer-Directed Benefits, but also to the depth and breadth of our solutions and our success diversifying our business," said Joe Jackson, Chief Executive Officer of WageWorks.

For earnings history and earnings-related data on WageWorks (WAGE) click here.

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