Why Athenahealth Is Soaring Today

Why Athenahealth Is Soaring Today

Shares of Athenahealth (NASDAQ: ATHN), a provider of software used in the healthcare industry, rose 10% in early-morning trading on Friday in response to the release of third-quarter earnings.

Here are the key takeaways from the third quarter:

CEO Jonathan Bush offered investors the following commentary on the cost-cutting decision:

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Source: Fool.com