Athena Reports a Positive Quarter, but We Remain Cautious Given Our Long-Term Outlook
Athenahealth reported results that showed good progress with its restructuring plan and was able to demonstrate it can grow with a more efficient operation. The firm reported a solid 14% increase in revenue and posted an impressive 746-basis-point expansion in operating margins. The firm seems to be making great strides in realigning its operating structure and cutting inefficiencies out of its model. Last quarter the firm announced a significant restructuring plan that management expects to cum...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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