MedAssets Earnings: Here’s Why Investors Don’t Like These Results

MedAssets, Inc. (NASDAQ:MDAS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are down 0.55%.

MedAssets, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 7.14% to $0.30 in the quarter versus EPS of $0.28 in the year-earlier quarter.

Revenue: Rose 4.72% to $170.7 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: MedAssets, Inc. reported adjusted EPS income of $0.30 per share. By that measure, the company beat the mean analyst estimate of $0.26. It beat the average revenue estimate of $167.79 million.

Key Stats (on next page)…

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