WASHINGTON (dpa-AFX) - athenahealth Inc. (ATHN) updated financial guidance for fiscal year 2012 and announced financial guidance for fiscal year 2013.
For fiscal 2012, the company now expects GAAP net income in the range of $16.4 million - $18.5 million or $0.44 - $0.50 per share, Non-GAAP adjusted net income of $35.2 million - $37.3 million or $0.95 - $1.00 per share, and total revenue of $420.0 million - $425.0 million. Analysts polled by Thomson Reuters expect the company to report earnings of $1.00 per share on revenues of $424.26 million for fiscal 2012. Analysts' estimates typically exclude special items.
Looking ahead for fiscal 2013, the company expects GAAP net income in the range of $19.9 million - $ 23.6 million or $0.52 - $0.62 per share, Non-GAAP adjusted net income of $43.7 million - $47.5 million or $1.15 - $1.25 per share, and total revenue of $525.0 million - $550.0 million. Analysts expect the company to report earnings of $1.29 per share on revenues of $542.90 million for fiscal 2013.
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