HMS Holdings Corp. Reports 37% Rise In Q2 Profit

(RTTNews) - HMS Holdings Corp. (HMSY) reported earnings for its second quarter that rose compared to the same period last year.

The company said its bottom line advanced to $15.60 million, or $0.18 per share. This was up from $11.41 million, or $0.13 per share, in last year's second quarter.

Analysts had expected the company to earn $0.15 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 5.7% to $123.55 million. This was up from $116.93 million last year.

HMS Holdings Corp. earnings at a glance:

-Earnings (Q2): $15.60 Mln. vs. $11.41 Mln. last year. -Earnings Growth (Y-o-Y): 36.7% -EPS (Q2): $0.18 vs. $0.13 last year. -EPS Growth (Y-o-Y): 38.5% -Analysts Estimate: $0.15 -Revenue (Q2): $123.55 Mln vs. $116.93 Mln last year. -Revenue Change (Y-o-Y): 5.7%