athenahealth year-end revenue rises 17% since 2015

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Watertown, Mass.-based athenahealth released its 2016 financial results Feb. 2.

Here are three things to know.

  • The company's total revenue increased 17 percent between 2015 and 2016. In 2016, athenahealth reported a total revenue of $1.08 billion. In 2015, it reported $924.7 million.
  • The company's full-year operating income was 2.5 percent of its total revenue. In 2016, the company reported an operating income of $26.6 million. This is an increase from 2015, when it reported an operating loss of $4.1 million, representing 0.4 percent of its total revenue for the year.
  • For the second year in a row, the company's full-year net income has increased. In 2016, the company reported a net income of $21 million, compared to $14 million in 2015. In 2014, athenahealth reported a net loss of $3.1 million.

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