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 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.