Healthways 2Q net earns in line with Street estimates; backs FY08 outlook

Date : 03/18/2008 @ 4:25PM
Source : TFN
Stock : Healthways Inc (HWAY)
Quote : 18.9  0.2 (1.07%) @ 6:30PM
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Healthways 2Q net earns in line with Street estimates; backs FY08 outlook

        SAN FRANCISCO (Thomson Financial) - Healthways Inc. late Tuesday reported
second-quarter net earnings of $12.5 million, or 33 cents a share, in line with
the mean estimate of analysts polled by Thomson Financial.
    Net income in the year-earlier quarter was $11 million, or 30 cents a share.
    Revenue for the quarter ended Feb. 29 rose to $179 million from $160.3
million a year earlier, below the mean Street view of $182.6 million.
    The Nashville, Tenn.-based health-services company affirmed its fiscal 2008
guidance of earnings per share of $1.50 to $1.55 on revenue of $720 million to
$740 million.
    The stock was up around 4.6% at $32.07.
Brigid Gaffikin
bg/kh

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