NEW YORK (Thomson Financial) - Healthways Inc. late Wednesday reported
fiscal first-quarter net earnings of $11.2 million, or 30 cents per share,
beating the 28 cent-a-share mean estimate of analysts polled by Thomson
Financial.
Revenue rose 50% to $175.8 million, below Wall Street's consensus view of
$177.2 million.
In the same period a year earlier, the company earned $11.8 million, or 32
cents a share, on sales of $117.1 million.
The Nashville, Tenn.-based company, which provides specialized health and
care services said it still expects fiscal 2008 revenue of $782 million to $815
million. The company also affirmed earnings guidance of $1.77 to $1.86 a share
for the year.
Michelle Rama
mr/gm
COPYRIGHT
Copyright Thomson Financial News Limited 2007. All rights reserved.
The copying, republication or redistribution of Thomson Financial News Content,
including by framing or similar means, is expressly prohibited without the prior
written consent of Thomson Financial News.
|