MedAssets Beats Low Expectations, Stock Gaps Up

By | July 30, 2015

Scalper1 News

Health care software maker (MDAS) beat what an analyst called low expectations; its outlook also exceeded Wall Street views, sending the stock gapping up to a 12-month high. MedAssets stock was up 8.5% in midday trading in the stock market today, above 23. Earlier, shares rose as high as 23.85. Late Wednesday, MedAssets posted earnings per share minus items of 31 cents, a penny above Q2 2014 and 4 cents better than the consensus estimate of Scalper1 News

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