Athenahealth (ATHN) Tops Q3 EPS by 6c, to Cut Workforce 9%

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athenahealth Reports Third Quarter Fiscal Year 2017 Results

October 19, 2017 4:01 PM EDT

Revises Fiscal Year 2017 Financial Outlook

Provides Update on Strategic Initiatives to Drive Increased Levels of Profitable Growth and Enhance Shareholder Value

Increases Targeted Cost Savings of $100 Million to $115 Million in Expense Savings

Reiterates Commitment to Significant Operating Margin Improvement in 2018

Q3 2017 Financial Results

10% Revenue Growth Over Third Quarter of 2016GAAP Operating Income of $18.6 million Non-GAAP Adjusted Operating Income of $39.5... More