2 Rising Healthcare Stocks to Watch Now

Athenahealth, Inc. (NASDAQ:ATHN) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Net income increased 10.69% to $5.9 million (28 cents per diluted share adjusted) in the quarter versus a net gain of $5.33 million in the year-earlier quarter. Revenue rose 25.72% to $116.3 million from the year-earlier quarter.

Athenahealth, Inc. reported adjusted net income of 28 cents per share. By that measure, the company met the mean analyst estimate of $0.28. It missed the average revenue estimate of $116.97 million.

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ATHN

Neurocrine Biosciences Inc. (NASDAQ:NBIX) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income increased 614.29% to $9.5 million (14 cents per diluted share) in the quarter versus a net gain of $1.33 million in the year-earlier quarter. Revenue rose 97.12% to $21.9 million from the year-earlier quarter.

Neurocrine Biosciences Inc. reported adjusted net income of 14 cents per share. By that measure, the company beat the mean analyst estimate. It beat the average revenue estimate of $9.43 million.

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NBIX

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