Key Developments For Health Grades, Inc.
Health Grades, Inc. (HGRD.O) (Nasdaq)
Health Grades Inc. Raises FY 2009 Guidance
Health Grades Inc. raised fiscal 2009 guidance and expects revenue growth of approximately 30% over fiscal 2008. This is an increase from prior guidance of approximately 25% growth over fiscal 2008. The Company reported revenue of $39.24 million in fiscal 2008.
Health Grades Inc. Raises FY 2009 Revenue Guidance
Health Grades Inc. raised its fiscal 2009 ratings and advisory revenue guidance to growth of 25% over 2008 or approximately $50 million. This is up from prior guidance of approximately $48 million in revenue or 20% growth over 2008. According to Reuters Estimates, analysts were expecting the Company to report revenue of $49 million for the same period.
Health Grades Inc. Reaffirms FY 2009 Revenue Guidance
Health Grades Inc. affirmed the financial guidance issued in December 2008. For fiscal 2009, the Company forecasted total revenue of approximately $48 million, or a 20% increase over total revenue in fiscal 2008. According to Reuters Estimates, analysts were expecting the Company to report revenue of $48 million for the same period.
Health Grades Inc. Reiterates FY 2009 Revenue Outlook
Health Grades Inc. reiterated its fiscal 2009 outlook and expects total revenue of approximately $48 million. According to Reuters Estimates, analysts were expecting the Company to report revenues of $47.35 million for the same period.
Health Grades Inc. Comments On FY 2009 Revenue Guidance; Reaffirms FY 2008 Revenue Guidance
Health Grades Inc. announced that for fiscal 2009, it expects total revenue to increase approximately 20% compared with 2008 total revenue, with all current lines of business contributing to the revenue growth. The Company also affirmed its previous guidance for fiscal 2008 of revenue in the range of $39-$40 million. According to Reuters Estimates, analysts were expecting the Company to report revenue of $48 million for fiscal 2009; revenue of $39 million for fiscal 2008.
