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Athenahealth Inc. (ATHN) Fell To A 3-Month Low After On Disappointing Outlook

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Athenahealth Inc. (ATHN) reported first quarter non-GAAP adjusted EPS of $0.38 after the bell Thursday, up from $0.17 last year. The consensus estimate was for EPS of $0.23. The company expects to report full year 2013 non-GAAP adjusted EPS of $1.05 to $1.15. The consensus estimate is for EPS of $1.22.

Athenahealth fell in early trade Friday and declined further during the second half of the afternoon. The stock finished with a loss of 8.33 at $86.82, with volume at a 5-month high. Athenahealth dropped to a 3-month low.

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