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HMS Holdings Corp. Q2 adjusted earnings Inline With Estimates

HMS Holdings Corp. (HMSY) reported earnings for second quarter that declined from the same period last year.

The company's earnings came in at $6.61 million, or $0.07 per share. This compares with $29.10 million, or $0.33 per share, in last year's second quarter.

Excluding items, HMS Holdings Corp. reported adjusted earnings of $16.68 million or $0.19 per share for the period.

Analysts had expected the company to earn $0.19 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 15.2% to $142.65 million from $168.18 million last year.

HMS Holdings Corp. earnings at a glance:

-Earnings (Q2): $16.68 Mln. vs. $35.71 Mln. last year.
-EPS (Q2): $0.19 vs. $0.41 last year.
-Analysts Estimate: $0.19
-Revenue (Q2): $142.65 Mln vs. $168.18 Mln last year.

-Guidance:
Full year revenue guidance: $680 - $690 Mln

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