HMS Holdings Corp. (HMSY) reported second quarter net income of $5.0 million or $0.19 per share compared to $3.8 million or $0.15 per share last year.
On average, 4 analysts polled by First Call/Thomson Financial expected earnings of $0.16 per share.
Quarterly revenue grew 26.0% to $44.2 million from $35.1 million in the year ago period. Three Wall Street analysts' consensus revenue estimate came in at $40.49 million.
Looking ahead, the company raises fiscal 2008 revenue guidance to $175 million from $170 million projected earlier, up 19% from last year. Analysts expect revenues of $171.91 million for the full year.
For full year 2008, the company raised earnings outlook to $0.75 per share from $0.73 per share estimated earlier, which represents growth of 32% from previous year. Analysts expect earnings of $0.73 per share for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.