Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
athenahealth Named Visionary Leader in US Healthcare Data Analytics by Frost & Sullivan athenahealth’s Innovative Analytics Engine, Unique Data Lake Helps Providers Close Care Gaps and Lands the Company High on the Frost Radar Growth and Innovation Indices WATERTOWN, Mass., Nov. 21, 2019 (GLOBE NEWSWIRE) -- athenahealth, Inc., a leading provider of network-enabled healthcare IT services for ambulatory and enterprise customers nationwide, announced today that it has been recognized as a Leader in Frost & Sullivan’s Frost Radar in the US Healthcare Data Analytics Market. Of the more than 1...
athenahealth Shares New Strategic Vision with More Than 1,500 Healthcare Customers at Recent Events CEO and Product Leadership Unveil Go-Forward Approach to Centricity Healthcare User Group (CHUG) and athenahealth Success Summit Attendees WATERTOWN, Mass., Nov. 08, 2019 (GLOBE NEWSWIRE) -- Two key healthcare customer gatherings recently drew more than 1,500 leaders, system users and organizational decision makers to connect, engage and learn about athenahealth’s vision to create a thriving ecosystem that delivers accessible, high-quality, and sustainable healthcare for all. The events w...
athenahealth Names Luis Borgen Chief Financial Officer With 22 Years of Experience, Borgen Joins Healthcare IT Leader’s Executive Team to Drive Continued Growth WATERTOWN, Mass., Sept. 17, 2019 (GLOBE NEWSWIRE) -- athenahealth, Inc., a leading provider of network-enabled services for ambulatory and hospital customers nationwide, announced today that Luis Borgen has joined the company as Chief Financial Officer (CFO). Luis most recently served as CFO for Vistaprint, a global e-commerce brand that empowers small businesses to market themselves with physical and digital marketing products....
athenahealth Welcomes Paul Brient as Chief Product Officer Former PatientKeeper CEO and Industry Innovator to Drive Product Strategy for Healthcare IT Pioneer WATERTOWN, Mass., Sept. 05, 2019 (GLOBE NEWSWIRE) -- athenahealth, Inc., a leading provider of network-enabled services for ambulatory and hospital customers nationwide, announced today that Paul Brient will join the company as Chief Product Officer (CPO). Brient comes to athenahealth from PatientKeeper, Inc. where he served as CEO for 17 years and led the company’s mission to advance healthcare with instinctive, empowering techno...
In November, Athena announced it was being acquired by private equity firms, Veritas Capital and Evergreen Coast Capital (an affiliate of Elliott Management) for $135 per share. The buyout was sparked by Elliott Management’s buyout bid of $160 per share in May. While this offer is well below Elliot’s initial $160 bid, it nonetheless represents a significant premium above our $110 standalone fair value estimate. We believe this is a great outcome for shareholders, and we applaud the board's e...
On Nov. 12, Athenahealth announced that the company had agreed to be acquired by Veritas Capital and Evergreen Coast Capital (a private equity affiliate of Elliot Management) for $135 per share or $5.7 billion in cash. While this offer is well below Elliot’s initial $160 bid, it nonetheless represents a significant premium above our $110 standalone fair value estimate. We believe this is a great outcome for shareholders and we applaud the boards efforts to sell the firm. Given the rapidly shif...
In November, Athena announced it was being acquired by private equity firms, Veritas Capital and Evergreen Coast Capital (an affiliate of Elliott Management) for $135 per share. The buyout was sparked by Elliott Management’s buyout bid of $160 per share in May. While this offer is well below Elliot’s initial $160 bid, it nonetheless represents a significant premium above our $110 standalone fair value estimate. We believe this is a great outcome for shareholders, and we applaud the board's e...
On Nov. 12, Athenahealth announced that the company had agreed to be acquired by Veritas Capital and Evergreen Coast Capital (a private equity affiliate of Elliot Management) for $135 per share or $5.7 billion in cash. While this offer is well below Elliot’s initial $160 bid, it nonetheless represents a significant premium above our $110 standalone fair value estimate. We believe this is a great outcome for shareholders and we applaud the boards efforts to sell the firm. Given the rapidly shif...
On Nov. 12, Athenahealth announced that the company had agreed to be acquired by Veritas Capital and Evergreen Coast Capital (a private equity affiliate of Elliot Management) for $135 per share or $5.7 billion in cash. While this offer is well below Elliot’s initial $160 bid, it nonetheless represents a significant premium above our $110 standalone fair value estimate. We believe this is a great outcome for shareholders and we applaud the boards efforts to sell the firm. Given the rapidly shif...
athenahealth Reports Third Quarter Fiscal Year 2018 Results Company Reaffirms Fiscal Year 2018 Financial Outlook WATERTOWN, Mass., Nov. 09, 2018 (GLOBE NEWSWIRE) -- athenahealth, Inc. (NASDAQ: ATHN) (“athenahealth” or “we”), a leading provider of network-enabled services for hospital and ambulatory clients nationwide, today announced financial and operational results for the third quarter of fiscal year 2018. We will hold a conference call on Monday, November 12, 2018, at 5:00 p.m. Eastern Time to discuss these results and management’s outlook for future financial and opera...
athenahealth Announces New Time For Third Quarter 2018 Earnings Release and Conference Call WATERTOWN, Mass., Nov. 01, 2018 (GLOBE NEWSWIRE) -- athenahealth, Inc. (NASDAQ: ATHN), a leading provider of network-enabled services for hospital and ambulatory clients nationwide, today announced that its third quarter 2018 earnings release and conference call, previously scheduled for November 1, 2018 and November 2, 2018, respectively, will take place after the close of market trading on Friday, November 9, 2018 and on Monday, November 12, 2018, at 5:00 p.m. ET, respectively. As a reminder, in...
The independent financial analyst theScreener just requalified the general evaluation of ATHENAHEALTH INCO. (US), active in the Software industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date October 23, 2018, the cl...
athenahealth Announces Third Quarter 2018 Earnings Conference Call WATERTOWN, Mass., Oct. 15, 2018 (GLOBE NEWSWIRE) -- (NASDAQ:ATHN), a leading provider of network-enabled services for hospital and ambulatory clients nationwide, today announced that it will hold a conference call for investors on Friday, November 2, 2018, at 8:00 a.m. ET. During the conference call, management will review highlights from the company’s third quarter 2018 results, which will be announced via press release after the close of market trading on Thursday, November 1, 2018. As a reminder, in conjunction with ...
Highlighted UAFRS vs As-Reported™ Dislocations MGM Resorts International (MGM) – Cash Flow From Operations Distortion athenahealth, Inc. (ATHN) – Stock Option Expense Distortion et al Iron Mountain, Inc. (IRM) – Operating Lease Distortion et al YY, Inc. (YY) – Excess Cash Distortion et al Semtech Corporation (SMTC) – R&D Expense Distortion et al Oracle Corporation (ORCL) – Acquisition Earnings Distortion et al
Between a takeover bid from activist investor Elliott Management in May and former CEO Jonathan Bush stepping down in June, Athenahealth has seen a tumultuous second quarter. Management did not provide an update on the board's strategic review of a potential sale, merger, or other transaction. Nevertheless, we expect there to be some decision made within the next few quarters and believe the deliberate nature of the board’s review process is a positive from a shareholder value perspective. How...
Between a takeover bid from activist investor Elliott Management in May and former CEO Jonathan Bush stepping down in June, Athenahealth has seen a tumultuous second quarter. Management did not provide an update on the board's strategic review of a potential sale, merger, or other transaction. Nevertheless, we expect there to be some decision made within the next few quarters and believe the deliberate nature of the board’s review process is a positive from a shareholder value perspective. How...
athenahealth Reports Second Quarter Fiscal Year 2018 Results Company Achieves Strong Revenue and Earnings Growth; Updates Fiscal Year 2018 Financial Outlook WATERTOWN, Mass., July 30, 2018 (GLOBE NEWSWIRE) -- athenahealth, Inc. (NASDAQ: ATHN) (“athenahealth” or “we”), a leading provider of network-enabled services for hospital and ambulatory clients nationwide, today announced financial and operational results for the second quarter of fiscal year 2018. We will hold a conference call today, Monday, July 30, 2018, at 5:00 p.m. Eastern Time to discuss these results and management’s outloo...
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