FBR Capital Cuts Price Target on Athenahealth (ATHN) Following 2Q Miss

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Deutsche Bank Downgrades athenahealth (ATHN) to Hold

July 22, 2016 6:58 AM EDT

Deutsche Bank downgraded athenahealth (NASDAQ: ATHN) from Buy to Hold with a price target of $147.00 (from $165.00). Analyst George Hill pointed out disturbing underlying performance metrics.

"Athena reported concerning Q2 results after market close, where the revenue and earnings miss was among the... More

After-Hours Stock Movers 07/21 (PBYI) (EYES) (PFPT) Higher; (SKX) (ATHN) (P) Lower (more...)

July 21, 2016 5:59 PM EDT

Today's After-Hours Movers

Puma Biotechnology, Inc. (NYSE: PBYI) 18.8% HIGHER; submitted a New Drug Application (NDA) to the U.S. Food and Drug Administration (FDA) for its lead product candidate PB272 (neratinib) for the extended adjuvant treatment of patients with early stage HER2-overexpressed/amplified breast cancer who have received prior adjuvant trastuzumab (Herceptin®)-based therapy. Also, announced updated results from the Phase III clinical trial of Pumas investigational drug PB272 (neratinib) for the extended adjuvant treatment of HER2-positive early stage breast cancer (ExteNET trial). The ExteNET trial is a... More

UPDATE: Athenahealth (ATHN) Misses Q2 EPS by 8c, COO to Step Down at Year-End

July 21, 2016 4:06 PM EDT

(Updated - July 25, 2016 10:31 AM EDT)

(Update corrects headline to say COO to step down, not CEO)

Athenahealth (NASDAQ: ATHN) reported Q2 EPS of $0.34, $0.08 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $261.9 million versus the consensus estimate of $274.07... More