Healthways (HWAY) revises guidance lower, now expecting to post a net loss for the year due to...
Tuesday, December 20, 2011, 6:59 PM ETHealthways (HWAY) revises guidance lower, now expecting to post a net loss for the year due to expenses stemming from Cigna's decision to allow its contract to wind down ahead of expiration, as well as revenue delays from an international contract. The company now forecasts FY11 revenue in the range of $672M - $710M, with an EPS between $0.85 - $0.94 per share. The Street is at $693M in revenue and an EPS of $0.93 per share.
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