Change Healthcare: Fiscal 2Q Earnings Snapshot

November 13, 2019 GMT

NASHVILLE, Tenn. (AP) _ Change Healthcare Inc. (CHNG) on Wednesday reported a loss of $130,000 in its fiscal second quarter.

On a per-share basis, the Nashville, Tennessee-based company said it had a loss of less than 1 cent. Earnings, adjusted for non-recurring costs and amortization costs, were 27 cents per share.

The results met Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was also for earnings of 27 cents per share.

The health care technology company posted revenue of $795.8 million in the period, which topped Street forecasts. Five analysts surveyed by Zacks expected $786.7 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CHNG at https://www.zacks.com/ap/CHNG