WageWorks Q2 Adj. Q2 Profit Tops View - Quick Facts

(RTTNews) - WageWorks, Inc. (WAGE) posted second-quarter GAAP net income of $4.6 million, or $0.13 per share, compared to $4.0 million, or $0.11 per share in the prior year quarter.

Non-GAAP net income for the latest second quarter rose to $8.6 million, or $0.24 per share, from $7.1 million, or $0.20 per share in the comparable quarter last year. On average, five analysts polled by Thomson Reuters expected the company to report earnings of $0.22 per share. Analysts' estimates typically exclude special items.

Total revenues for the quarter were $58.76 million, up 8% from $54.56 million in the year-ago period, while five analysts expected revenue of $58.81 million for the quarter.