WageWorks marches higher on strong quarter

|By:, SA News Editor

Shares of consumer-directed benefits provider WageWorks (WAGE +19.4%) hit a new 52-week high following the company's Q2 beat.

Revenue rose 25% Y/Y for the period and adjusted EBTIDA was up 37% over Q2 2012.

CEO Joe Jackson calls company financials "strong" and says full year prospects are bright thanks to growing demand for WAGE's products. (PR)