WageWorks Reports First Quarter 2015 Financial Results

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Needham & Company Encouraged by WageWorks (WAGE) After 1Q15

May 6, 2015 7:22 AM EDT

Needham & Company maintained a Buy rating for WageWorks, Inc. (NYSE: WAGE) and lowered the target price to $65 (from $71) after solid results in the first quarter. WAGE reported organic revenue growth of 10.2% YoY, which led to an out-performance on EBITDA and EPS. Management will... More

WageWorks (WAGE) Tops Q1 EPS by 1c

May 5, 2015 4:26 PM EDT

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... More