Friday, HMS Holdings Corp. (HMSY) said its third-quarter net income increased to $8.37 million or $0.30 per share from $6.14 million or $0.23 per share in the prior year period. On average, 7 analysts polled by Thomson Reuters expected the company to report earnings of $0.28 per share for the quarter.
Revenue for the quarter rose to $59.16 million from $48.96 in the comparable period. Four analysts estimated revenues of $57.49 million for the quarter.
The company said it has raised its full-year earnings per share guidance to $1.08 from 1.05 and revenue guidance to $228.5 million from $222.0 million. Seven analysts estimate earnings of $1.06 per share on revenues of $223.00 million for fiscal 2009.
For fiscal 2010, the company said its earnings per share are projected to increase to $1.34 and revenues are expected to grow to $280.5 million.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.