April 20, 2009 / 9:37 PM / 10 years ago

UPDATE 1-Healthways Q1 beats Street view, shares up

* Q1 adj EPS $0.30, beats estimate by $0.05

* Q1 rev $182.7 mln vs. est $165.2 mln

* Sees Q2 EPS $0.22 to $0.25, including items

* Maintains 2009 outlook

* Shares up 11 pct after the bell

April 20 (Reuters) - Healthcare management provider Healthways Inc HWAY.O reported an adjusted first-quarter profit that beat analysts’ average estimate, helped by stronger-than-expected revenue in its domestic business.

The company posted a net loss of $14.8 million, or 43 cents per share, compared with a profit of $10.2 million, or 27 cents a share, last year.

However, excluding costs related to a lawsuit settlement, Healthways earned 30 cents per share.

Analysts on average had expected 25 cents a share, before items, according to Reuters Estimates.

Shares of the company were trading at $10.50 after the bell. They closed at $9.46 Monday on Nasdaq

For the alerts, please double-click [ID:nWNAB5135] (Reporting by Shailesh Kuber in Bangalore; Editing by Himani Sarkar)

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