HMS Holdings Corp. (HMSY) Reports In-Line Q2 EPS, Revenues Miss; Offers FY20 Revenue Guidance Below Consensus

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Go back to HMS Holdings Corp. (HMSY) Reports In-Line Q2 EPS, Revenues Miss; Offers FY20 Revenue Guidance Below Consensus

HMS Reports Second Quarter 2020 Financial Results

August 7, 2020 6:00 AM EDT

2Q'20 Total Revenue of $142.7 Million, (-15.2%) vs. 2Q'19; YTD'20 Total Revenue -0.7% vs. YTD'19 2Q'20 Net income of $6.6 Million vs. $29.1 Million in 2Q'19; YTD'20 Net Income -60.4% vs. YTD'192Q'20 GAAP EPS of $0.07 Per Diluted Share vs. $0.33 per Diluted Share in 2Q'192Q'20 Adjusted EPS of $0.19 Per Diluted Share vs. $0.34 per Diluted Share in 2Q'19 (excluding 2Q 2019 Reserve Release Benefit)2Q'20 Adjusted EBITDA of $27.8 Million, (-41.6%) vs. 2Q'19; YTD'20 Adjusted EBITDA -15.5% vs. YTD'19 (excluding 2Q 2019 Reserve Release Benefit)

IRVING, Texas, Aug. 07, 2020 (GLOBE NEWSWIRE) -- HMS Holdings Corp. (Nasdaq:... More