MedAssets Reports Second Quarter and Six-Month 2015 Financial Results

Go back to MedAssets Reports Second Quarter and Six-Month 2015 Financial Results

Leerink Raises Price Target on MedAssets (MDAS) Following 2Q EPS Beat

July 30, 2015 10:32 AM EDT

Leerink Partners reiterated a Market Perform rating on MedAssets (NASDAQ: MDAS), and raised the price target to $22.00 (from $21.00), following 2Q15 results. MDAS reported 2Q total revenue of $190.4M, ahead consensus of $187.3M. Adjusted EPS of $0.31 was also ahead of consensus of $0.27.

Analyst David Larsen commented, "This afternoon... More

MedAssets (MDAS) Tops Q2 EPS by 4c; Guides FY15 EPS Above Consensus

July 29, 2015 4:37 PM EDT

MedAssets (NASDAQ: MDAS) reported Q2 EPS of $0.31, $0.04 better than the analyst estimate of $0.27. Revenue for the quarter came in at $190.4 million versus the consensus estimate of $187.45 million.

MedAssets sees FY2015 EPS of $1.20-$1.26, versus the consensus of $1.19. MedAssets sees FY2015 revenue of $756-768... More