Athenahealth (ATHN) Tops Q1 EPS by 8c; Guides In-Line

Athenahealth (NASDAQ: ATHN) reported Q1 EPS of $0.34, $0.08 better than the analyst estimate of $0.26. Revenue for the quarter came in at $256.1 million versus the consensus estimate of $248.49 million.

“athenahealth is growth-focused, mission-driven and aimed at advancing health care. In an industry laden with software, we are building a future-proof network from which care can be fully connected and fully coordinated,” said Jonathan Bush, chairman and chief executive officer, athenahealth. “Today, our network has grown to over 78,000 providers, nearly 80 million patient records, and over 128,000 endpoints exchanging information. While there is a lot of work to be done to fully unbreak health care, we are making progress in the work we do, the connections we make, and with the innovations we introduce.”

GUIDANCE:

Athenahealth sees FY2016 EPS of $1.65-$1.85, versus the consensus of $1.75. Athenahealth sees FY2016 revenue of $1.085-1.115 billion, versus the consensus of $1.11 billion.

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

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