Health care IT company Athenahealth has always seen itself as a disruptor. The company was among the first to provide practice-management software to doctors entirely through the cloud, rather than with installed systems. And since 2011, it’s been running a project whose name is a demand: More Disruption Please. More Disruption Please is a kind of incubator, in which health IT startups pitch Athenahealth (ATHN) on why they offer a value-added
Shares of clinical software company Athenahealth (ATHN) popped 17% in the stock market today after the company handily beat Q4 estimates. Late Thursday Athenahealth said profit rose 97% from the year-earlier quarter to 57 cents a share, beating analysts’ consensus by 13 cents. Revenue climbed 48% to $171.6 million, about $3 million ahead of estimates. Last year’s acquisition of mobile software firm Epocrates evidently paid off, according to
Clinical software company Athenahealth (ATHN) underwhelmed Wall Street with its 2014 guidance ahead of its investor day Thursday, sending shares down 2.5% in morning trading in the stock market today, near 129. Earlier, Athenahealth stock had been down more than 6%. Late Wednesday, the company said next year’s revenue will be $725 million to $755 million, up around 25% from 2013 guidance but below consensus of $763 million. EPS was guided at 98