WageWorks Q4 Adj. Profit Tops View - Quick Facts

(RTTNews) - WageWorks, Inc. (WAGE) posted fourth-quarter GAAP net income of $5.3 million, or $0.15 per share, compared to $2.7 million, or $0.09 per share in the prior year quarter.

Non-GAAP net income for the latest fourth quarter rose to $6.2 million, or $0.17 per share, from $4.2 million, or $0.13 per share in the comparable quarter last year. On average, five analysts polled by Thomson Reuters expected the company to report earnings of $0.15 per share. Analysts' estimates typically exclude special items.

Total revenues for the quarter were $55.03 million, up 18% from $46.66 million in the year-ago period, while five analysts expected revenue of $53.94 million for the quarter.