athenahealth Q3 revenue up 10% from last year: 4 things to know

Listen
Text
  • Small
  • Medium
  • Large

Athenahealth released its third quarter earnings results Oct. 19.

Here are four things to know about the company's performance.

1. Athenahealth posted $304.6 million in revenue for the third quarter, up 10.1 percent from $276.7 million during the same period one year prior.

2. The company reported $18.6 million in operating income during the third quarter, up 22.4 percent from $15.2 million from last year.

3. Athenahealth posted net income of $13 million, down 6.5 percent from $13.9 million one year prior.

4. The company revised its financial outlook, which previously projected $1.21 to $1.25 million in revenue by the end of the fiscal year. The updated 2017 financial outlook projects $1.2 million to $1.22 million in revenue.

Copyright © 2021 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars