Market Overview

Piper Jaffray Lowers athenahealth Doc Count Estimate For Q1


According to Piper Jaffray, athenahealth (NASDAQ: ATHN) doc count estimate for Q1 is lowered.

Piper Jaffray reported that it is lowering its Q1 doc count estimate to 620 from 820 because West Penn Alleghany (a large Enterprise client signed in November 2010) did not go live during Q1. “We recommend investors add to positions after the quarter on any weakness if the doc count comes in below expectations. Factors that could offset the weakness include greater contribution from the group practice segment and announcements of Enterprise wins. The lower doc count estimate does not affect our revenue and EPS estimates.”

athenahealth closed yesterday at $45.97.


Related Articles (ATHN)

View Comments and Join the Discussion!

Posted-In: athenahealth Piper JaffrayAnalyst Color Analyst Ratings

Latest Ratings

BIIBRBC CapitalMaintains277.0
RLICompass PointInitiates Coverage On90.0
CSCOWolfe ResearchDowngrades42.0
GILDRBC CapitalMaintains86.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at