Health Grades Inc. (HGRD) reported second-quarter net income of $1.2 million or $0.04 per share, compared to $3.8 million or $0.11 per share in the same quarter last year.
Operating income for second quarter was $1.7 million, compared to $5.7 million in the prior year quarter. On average, four analysts polled by First Call/Thomson Financial expected the company to earn $0.04 per share.
Total revenue for quarter decreased to $9.3 million from $11.4 million in the comparable quarter last year. Analysts expected the company to report revenue of $9.79 million.
Looking ahead, the company narrowed its full year 2008 guidance for ratings and advisory revenue in the range of $41 million-$43 million from the previous guidance range of $41 million-$46 million. Analysts currently expect the company to report revenue of $42.01 million for the full year.
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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.