Navigation Links
HMS Holdings Corp. Announces Q3 2008 Results, 2008 Revised Guidance and Initial 2009 Guidance
Date:10/31/2008

- Q3 2008 Revenue of $49 million (+30%y/y), EPS $0.23 (+44% y/y)

- 2008 EPS Guidance Increased to $0.77 from $0.75 (+35% y/y)

- 2009 Initial EPS Guidance of $0.96

NEW YORK, Oct. 31 /PRNewswire-FirstCall/ -- HMS Holdings Corp. (Nasdaq: HMSY) today announced its financial results for the third quarter of 2008.

Third Quarter Results

For the quarter ended September 30, 2008 revenue increased 30% to $49.0 million, compared with $37.7 million for the same period a year ago. Net income for the quarter was $6.1 million (+48%) or $0.23 (+44%) per diluted share compared to net income of $4.1 million or $0.16 per diluted share for the same period a year ago.

For the nine months ended September 30, 2008, HMSY reported revenue of $132.1 million, an increase of $27.1 million or 26% from the $105.0 million for the same period a year ago. HMSY reported net income of $14.3 million (+31%) or $0.53 (+26%) per diluted common share for the nine months ended September 30, 2008, compared to net income of $10.9 million or $0.42 per diluted common share for the same period a year ago.

Guidance for 2008 and 2009

The company announced it has increased its 2008 guidance from $175.0 million in revenue, $50.0 million in adjusted EBITDA and $0.75 in fully diluted EPS to $181.0 million (+23% y/y) in revenue, $52.0 million (+28% y/y) in adjusted EBITDA and $0.77 (+35% y/y) in fully diluted EPS.

The company also announced its initial guidance for 2009. Revenue is projected to grow to $214 million (+18% over revised 2008 guidance). Adjusted EBITDA is expected to increase to $62.7 million (+21% over 2008 revised guidance), and fully diluted EPS is projected to increase to $0.96 (+25% over 2008 revised guidance).

"HMS has produced another record quarter, with strong revenue growth in each of the government healthcare program markets that we serve," said Robert Holster, Chairman and CEO. "With increasing une
'/>"/>

SOURCE HMS Holdings Corp.
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10

Related medicine news :

1. Hill-Rom Holdings, Inc. Invites You to Join Its Fiscal 2008 Fourth Quarter and Year End Earnings Webcast
2. XELR8 Holdings Announces Conference Call to Review Third Quarter Financial Results
3. China Pharma Holdings, Inc. to Initiate Clinical Trials For New Antibiotic Combination
4. HMS Holdings Corp. to Present at Oppenheimer 19th Annual Healthcare Conference
5. Lincare Holdings Inc. Announces Third Quarter and First Nine Months 2008 Financial Results
6. MINRAD International, Inc. Announces Change in Distribution Agreement with RxElite Holdings, Inc.
7. Z Trim Holdings, Inc. Releases Letter to Shareholders
8. Z Trim Holdings, Inc. Announces Private Placement Funding
9. MBF Healthcare Acquisition Corp. Amends Stock Purchase Agreement With Critical Homecare Solutions Holdings, Inc. to Extend Termination Date to October 31, 2008
10. Zimmer Holdings to Present at Thomas Weisel Partners Conference
11. HMS Holdings Corp. to Present at Thomas Weisel Partners 2008 Healthcare Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/26/2014)... 2014 Parker & Sons, Inc. ... in heating, cooling and plumbing contractor services throughout ... services in 2014 with regard to air-conditioning systems. ... is known for its incredibly hot summers. Working ... intricacies and details of a wide variety of ...
(Date:12/25/2014)... 2014 The click strand ... strength and durability. Today, the business announces a ... valid until Jan. 30, 2015. , Click strand ... hardwood. BambooFlooringChina.com is a well-known brand in the ... to find a reliable bamboo flooring supplier. , ...
(Date:12/25/2014)... 2014 Product liability lawsuits filed in ... ( http://www.consumerinjurylawyers.com/DePuy/ ) continue to move forward in federal ... issued in the U.S. District Court, Northern District of ... open conference on January 7, 2015, at the Paul ... West Palm Beach, Florida. The Conference is scheduled to ...
(Date:12/25/2014)... Recently, Dylan Queen, a famous online company supplying ... of discounted prom dresses, most of which are priced ... the company, the promotion is valid until Jan. 22, ... the UK market. , The prom dresses in this ... styles: A-line strapless, empire strapless chiffon, one shoulder, floor-length, ...
(Date:12/25/2014)... sells many bamboo products and the business is famous ... announces big discounts on its bamboo mats , which ... the world’s leader in bamboo flooring. According to the ... 2015. , The bamboo mats are made from well-treated ... the bamboo strips for the mats are boiled and ...
Breaking Medicine News(10 mins):Health News:Parker & Sons Announces Record Demand For 24 Hour Emergency Services In 2014 With Regard To Air-Conditioning Systems 2Health News:Parker & Sons Announces Record Demand For 24 Hour Emergency Services In 2014 With Regard To Air-Conditioning Systems 3Health News:BambooFlooringChina.com: click strand woven bamboo flooring promotion valid until Jan. 30, 2015. 2Health News:Federal Court Overseeing DePuy ASR Hip Lawsuit Set to Convene Conference in January, Bernstein Liebhard LLP Reports 2Health News:Federal Court Overseeing DePuy ASR Hip Lawsuit Set to Convene Conference in January, Bernstein Liebhard LLP Reports 3Health News:Dylan Queen: Cheap Prom Dresses for the UK Market 2Health News:Various Styles of Bamboo Mats in Many Colors from BambooFlooringChina.com 2
... 26 /PRNewswire-Asia/ -- RainEarth Inc.,(OTC Bulletin Board: RNER; "the ... Technology Co. Ltd., ("China RainEarth"),has obtained patent approvals for ... manufacturing blood dialysis. , China ... its core,technology with the State Intellectual Property Office of ...
... ... appointment of Douglas W. Brown, MD as chair of the AOSSM Medical Publishing Board of Trustees. ... Keystone, CO (Vocus) June 26, ... the appointment of Douglas W. Brown, MD as chair of the AOSSM Medical Publishing Board of ...
... Reportedly Claims the Life of a Pop Icon , , ... in grieving the loss of pop icon Michael Jackson. His apparent ... SCA is a leading cause of death worldwide. , ... cardiac arrest is not uncommon," said Bobby Khan, MD, Chairman of ...
... SHANGHAI, June 25 /PRNewswire-Asia/ -- WuXi ... that it filed its annual report on Form 20-F ... and Exchange Commission. The,annual report can be accessed on ... Relations section. WuXi,PharmaTech will provide a hard copy of ...
... Texas, June 25 Torchmark Corporation (NYSE: TMK ... $300 million in aggregate principal amount of 9.25% Senior Notes ... to close on June 30, 2009, subject to the satisfaction ... offering will be used for the repayment of the $99.45 ...
... In the mind,s eye, an arm or hand changes shape, ... a golf club and your brain may do more than look ... brain considers tools to be extensions of the body. , The ... cerebral representation of a subject,s arm," said Lucilla Cardinali, a graduate ...
Cached Medicine News:Health News:RainEarth Obtains Patent Approvals for Its Core Technology 2Health News:RainEarth Obtains Patent Approvals for Its Core Technology 3Health News:Brown Takes Over Reins as Chair of AOSSM Medical Publishing Board of Trustees 2Health News:Brown Takes Over Reins as Chair of AOSSM Medical Publishing Board of Trustees 3Health News:Sudden Cardiac Arrest Foundation Mourns the Loss of Michael Jackson 2Health News:WuXi PharmaTech Files 2008 Annual Report on Form 20-F 2Health News:Torchmark Prices Senior Notes Offering 2Health News:Grab a Tool and Change Your Brain 2
(Date:12/24/2014)... December 24, 2014 ... Global Disposable Syringe Industry of 178 pages ... business intelligence library. The 2014 ... Industry is a professional and deep research ... overview analysis, the report introduces Disposable Syringe ...
(Date:12/24/2014)... , Dec. 23, 2014  Lockton Dunning ... of Lockton Companies, announced the addition of Vice ... will join Lockton Dunning,s Pharmacy Consulting team, Excelsior ... of relevant industry experience to the position.  Most ... Market Sales at Diplomat Specialty Pharmacy, where she ...
(Date:12/24/2014)... -- In response to urgent requests from the Deputy Minister of ... , Direct Relief delivered two 10-bed medical tents to ... local health workers who contract Ebola while fighting the outbreak. ... was constructed for foreign health care workers who may contract ... Sierra Leonean health workers. With Sierra ...
Breaking Medicine Technology:World Disposable Syringe Market 2014 Report: China and Regional Analysis 2World Disposable Syringe Market 2014 Report: China and Regional Analysis 3World Disposable Syringe Market 2014 Report: China and Regional Analysis 4World Disposable Syringe Market 2014 Report: China and Regional Analysis 5Kim Foerster Joins Lockton Companies 2First Ebola Treatment Unit for Local Health Workers Arrives in Sierra Leone 2
... This BioSafe room is configured specifically ... and chemical analysis. Panels are precision-joined ... easy to wipe down and disinfect. ... double-wall panel design creates strong, rigid ...
... Features hardwall acrylic panels ... frame to form a free-standing ... to Class 10/ISO 3. Optional ... and ionizers are configured to ...
... curtains or parting strip shields ... frame to form a free-standing, ... cleanliness to Class 10/ISO 3. ... lights, and ionizers are configured ...
... cleanroom for biological safety labs (BSL) ... (to Class 10/ISO 3) and easy ... ultra-smooth surfaces that are easy to ... corners simplify cleaning. Unique double-wall panel ...
Medicine Products: