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Thursday, February 1, 2018

-=athenaHealth (ATHN) reported earnings on Thur 1 Feb 2018 (a/h)

athenaHealth beats by $0.48, beats on revs 
  • Reports Q4 (Dec) earnings of $1.11 per share, excluding non-recurring items, $0.48 better thanthe Capital IQ Consensus of $0.63; revenues rose 14.2% year/year to $329.2 mln vs the $319.64 mln Capital IQ Consensus.
  • For the three months ended December 31, 2017, Service Automation Rate, formerly referred to as Non-GAAP Adjusted Gross Margin, was 68.0%, compared to 66.2% in the same period last year.
  • "We plan to introduce our fiscal year 2018 guidance at our 2018 Investor Summit on February 15, 2018. We will provide our guidance prior to the impact of any new accounting standards to allow for comparability against historical results."

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