Jefferies Cuts Price Target on HMS Holdings Corp. (HMSY) to $19 Following 3Q Report
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HMS Holdings Corp. Reports Third Quarter 2016 Results
November 9, 2016 6:00 AM ESTQ3 GAAP EPS of $0.16 Per Diluted Share and Adjusted EPS of $0.24 Per Diluted ShareCommercial Health Plan Revenue Was a Record $59.2 million for Q3 and Up 17.9% YTDAcquisition of Web-based Care Management Platform, Essette, Completed in the QuarterTax Rate Projected to Decline by Approximately 300 Basis Points to ~37% Annually
IRVING, Texas, Nov. 09, 2016 (GLOBE NEWSWIRE) -- HMS Holdings Corp. (NASDAQ: HMSY) today announced financial results for the third quarter of 2016. Net income for the quarter ended September 30, 2016 was $13.5 million or $0.16 per diluted share, compared to net income of... More