Athenahealth Hits High After Q4 Beats Estimates

By | February 7, 2014

Scalper1 News

Shares of clinical software company Athenahealth (ATHN) popped 17% in the stock market today after the company handily beat Q4 estimates. Late Thursday Athenahealth said profit rose 97% from the year-earlier quarter to 57 cents a share, beating analysts’ consensus by 13 cents. Revenue climbed 48% to $171.6 million, about $3 million ahead of estimates. Last year’s acquisition of mobile software firm Epocrates evidently paid off, according to Scalper1 News

Scalper1 News