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athenahealth Inc (ATHN.OQ)

ATHN.OQ on NASDAQ Stock Exchange Global Select Market

130.23USD
22 Nov 2017
Change (% chg)

$-0.33 (-0.25%)
Prev Close
$130.56
Open
$130.53
Day's High
$131.73
Day's Low
$127.12
Volume
447,318
Avg. Vol
220,337
52-wk High
$158.28
52-wk Low
$90.19

Latest Key Developments (Source: Significant Developments)

Athenahealth reports Q3 EPS $0.32; to cut about 9% workforce
Friday, 20 Oct 2017 

Oct 19 (Reuters) - Athenahealth Inc ::Athenahealth Inc says quarterly earnings per share $0.32.Quarterly adjusted earnings per share $0.56.quarterly total revenue $304.6 million, up 10 percent.Sees FY 2017 GAAP total revenue $1,200 million to $1,220 million.Sees FY 2017 non-gaap adjusted operating income $135 million to $150 million.Says expect negative impact of about $4 million on 2017 revenue from hurricanes harvey and irma.Sees FY 2017 gaap operating income $29 million to $53 million.Sees FY 2017 annual bookings $300 million to $350 million.Says announcing increase to previously identified cost savings target.Says on Oct 13, board approved strategic plan to generate $100 million to $115 million of gross pre-tax expense savings.Says expect to achieve savings via new organizational design, including closure of San Francisco and Princeton offices.Says as a result of redesign, expect to reduce workforce by about 9 percent.Says expect to realize substantially all of savings from strategic plan by the end of 2018.Says expect to incur pre-tax charges of about $15 million to $25 million related to workforce reductions, most of which will be recognized in Q4.Says "holding ourselves accountable to achieve at least 15% non-gaap operating margin in 2018".  Full Article

Athenahealth lays off more than 400 workers- Boston Business Journal
Friday, 20 Oct 2017 

Oct 19 (Reuters) - :Athenahealth lays off more than 400 workers- Boston Business Journal, citing sources‍​.  Full Article

Transcend Insights, athenahealth announce interoperability partnership
Wednesday, 15 Feb 2017 

Athenahealth Inc : Transcend insights and Athenahealth announce interoperability partnership .Transcend Insights - Partnership to establish electronic data exchange between approximately 30,000 health care providers on Athenahealth network.  Full Article

Inovalon, Athenahealth partner to deliver real-time EHR data integration
Tuesday, 26 Jul 2016 

Inovalon Holdings Inc : Inovalon and Athenahealth partner to deliver real-time EHR data integration .Co, Athenahealth to work to establish interoperability between Inovalon's healthcare data aggregation and analytics platform, Athenanet.  Full Article

Athenahealth Q2 adjusted non-gaap earnings per share $0.34
Friday, 22 Jul 2016 

Athenahealth Inc : Athenahealth Inc qtrly GAAP net loss of $1.9 million, or loss of $0.05 per diluted share . Athenahealth Inc reports second quarter fiscal year 2016 results . Q2 adjusted non-gaap earnings per share $0.34 . Q2 gaap loss per share $0.05 . Q2 revenue $261.9 million versus I/B/E/S view $274.1 million . Q2 earnings per share view $0.42 -- Thomson Reuters I/B/E/S . Sees FY 2016 adjusted non-gaap earnings per share $1.65 to $1.85 . Company reaffirms fiscal year 2016 guidance . FY 2016 earnings per share view $1.80, revenue view $1.12 billion -- Thomson Reuters I/B/E/S .Sees For Fiscal Year Ending December 31, 2016, Non-Gaap adjusted net income per diluted share $1.65 - $1.85.  Full Article

athenahealth appoints Tom Szkutak to its board of directors
Wednesday, 15 Jun 2016 

athenahealth Inc : athenahealth appoints Tom Szkutak to its board of directors . Szkutak served as senior vice president and chief financial officer at Amazon.com from October 2002 to June 2015 . Appointment of Tom Szkutak, former Amazon.com chief financial officer, to its board of directors, effective June 14, 2016 .athenahealth board of directors now comprises eight members.  Full Article

AthenaHealth appoints Karl Stubelis as CFO
Friday, 20 May 2016 

AthenaHealth Inc : Vice president and controller, Karl Stubelis, is being promoted to senior vice president and chief financial officer . Kristi Matus, currently company's chief financial and administrative officer, has decided to leave AthenaHealth .AthenaHealth appoints new CFO.  Full Article

athenahealth Inc Reaffirms FY 2016 guidance
Friday, 29 Apr 2016 

athenahealth Inc:Reaffirms Fiscal Year 2016 Guidance.Sees FY 2016 GAAP Total Revenue $1,085 - $1,115 million.Sees FY 2016 Non-GAAP Adjusted Gross Margin 63.5% - 64.5%.Sees FY 2016 Non-GAAP Adjusted Operating Income $120 - $135 million.Sees FY 2016 Non-GAAP Adjusted Net Income per Diluted Share $1.65 - $1.85.  Full Article

athenahealth Inc gives FY 2016 guidance
Friday, 5 Feb 2016 

athenahealth Inc:Sees FY 2016 GAAP Total Revenue $1,085 - $1,115 million.Sees FY 2016 Non-GAAP Adjusted Gross Margin 63.5% - 64.5%.Sees FY 2016 Non-GAAP Adjusted Operating Income $120 - $135 million.Sees FY 2016 Non-GAAP Adjusted Net Income per Diluted Share $1.65 - $1.85.Sees FY 2016 Non-GAAP Tax Rate 40%.  Full Article

Healthcare software provider Athenahealth to cut 9 pct of workforce

Oct 19 Athenahealth Inc, which is under pressure from activist investor Elliott Management, said it would reduce about 9 percent of its workforce as part of efforts to generate $100 million to $115 million in savings by the end of 2018.