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Stock Alert: Mednax Jumps 15%

Shares of Mednax Inc. (MD) are gaining nearly 15% on Friday morning after the company reported its first-quarter results.

MD is currently trading at $30.71, up $3.95 or 14.76%, on the Nasdaq.

Mednax reported first-quarter profit of $17.6 million or $0.21 per share, compared to a loss of $18.7 million or $0.22 per share last year. Adjusted EPS from continuing operations were $0.24 per share. Mednax's revenues gained to $446.8 million from $441.2 million a year ago.

Analysts polled by Thomson Reuters estimated earnings of $0.13 per share on revenues of $424.13 million.

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