|
|
Article: HMS Holdings Corp. Announces Third Quarter 2009 Results; 2009 Revised Guidance and Initial 2010 Guidance.(Financial report)
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
HMS Holdings Corp. (NASDAQ: HMSY) announced its financial results for the third quarter of 2009.
For the quarter ended September 30, 2009 revenue increased 20.8% to $ 59.2 million, compared with $49.0 million for the same period a year ago. Net income for the quarter was $ 8.4 million (+36.4%) or $0. 30 (+30.4%) per diluted common share compared to net income of $6.1 million or $0.23 per diluted common share for the same period a year ago.
For the nine months ended September 30, 2009, HMS reported revenue of $162.9 million, an increase of $30.8 million or 23.3% from the $132.1 million for the same period a year ago. HMS reported net income of $ 20.7 ...