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Friday, April 27, 2018

-=athenaHealth (ATHN) reported earnings on Fri 27 Apr 2018 (b/o)



athenaHealth beats by $0.52, beats on revs; guides FY18 revs in-line
  • Reports Q1 (Mar) earnings of $1.25 per share, excluding non-recurring items, $0.52 better than the Capital IQ Consensus of $0.73; revenues rose 15.4% year/year to $329.4 mln vs the $318.13 mln Capital IQ Consensus.
    • Total Bookings for the three months ended March 31, 2018 were $52.2 million, compared to $77.3 million for the three months ended March 31, 2017.
  • "We remain confident in our ability to deliver on our financial commitments this year and are reaffirming our fiscal year 2018 financial guidance."
  • Co issues in-line guidancefor FY18, sees FY18 revs of $1.31-$1.38 bln vs. $1.35 bln Capital IQ Consensus Estimate. Non-GAAP operating margin expected to be 16%-17%.

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