Healthways (HWAY) reported quarterly earnings results on Tuesday, Aug-9-2016. The company said it had a profit of $0.54 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.53. Analysts had a consensus of $0.01. The company posted revenue of $125.00 million in the period, compared to analysts expectations of $190.21 million. The company’s revenue was up 10.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 EPS.
Healthways opened for trading at $17.67 and hit $18 on the upside on Monday, eventually ending the session at $17.87, with a gain of 0.62% or 0.11 points. The heightened volatility saw the trading volume jump to 3,68,141 shares. Company has a market cap of $646 M.
In a different news, on Nov 4, 2015, Mary Jane England (director) purchased 4,401 shares at $11.38 per share price. According to the SEC, on Nov 4, 2015, Robert J Jr Greczyn (director) purchased 11,000 shares at $11.39 per share price. On Nov 4, 2015, Lee Shapiro (director) purchased 4,359 shares at $11.42 per share price, according to the Form-4 filing with the securities and exchange commission.
Healthways Inc. (Healthways) provides total population health management solutions designed to help people improve well-being thereby improving health and productivity and reducing health-related costs. The Company’s well-being improvement programs provide personalized solutions for any individual irrespective of the health status age or paying sponsor. Its population health platform using analytics and predictive models enables to stratify the population develop individualized well-being improvement plans and deliver action-based solutions to improve individual and organizational performance. Through this data-driven process the Company identifies the needs of each individual in a population and determines the right level of support. The Company’s services are delivered using venue-based face-to-face interactions; print; phone; mobile and remote devices; online including social networks and any combination of these methods to motivate and sustain healthy behaviors.