WageWorks (WAGE) Tops Q1 EPS by 4c

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Go back to WageWorks (WAGE) Tops Q1 EPS by 4c

WageWorks Reports First Quarter 2016 Financial Results

May 5, 2016 4:19 PM EDT

Total revenue in the first quarter of $87.0 millionFirst quarter 2016 GAAP net income of $5.8 million or $0.16 per diluted share, Non-GAAP net income of $11.9 million or $0.33 per diluted share  First quarter 2016 non-GAAP adjusted EBITDA of $25.1 million, a 14 percent increase year-over-year

SAN MATEO, Calif., May 05, 2016 (GLOBE NEWSWIRE) -- WageWorks, Inc. (the Company) (NYSE:  WAGE), a leader in administering Consumer-Directed Benefits (CDBs), which empower employees to save money on taxes while also providing corporate tax advantages for employers, today announced the Company's financial results for its first quarter ended March 31, 2016.

2016 is off to a great start. We... More