WageWorks Q2 Profit Tops View - Quick Facts

(RTTNews) - WageWorks, Inc. (WAGE) posted second-quarter GAAP net income of $4.0 million, or $0.11 per sahre, compared to $2.4 million, or $0.10 per share in the prior year quarter.

Non-GAAP net income for the latest second quarter rose to $7.1 million, or $0.20 per share, from $4.7 million, or $0.15 per share in the comparable quarter last year. On average, four analysts polled by Thomson Reuters expected the company to report earnings of $0.17 per share. Analysts' estimates typically exclude special items.

Total revenues for the quarter were $54.56 million, up from $43.78 million in the year-ago period, while four analysts expected revenue of $52.43 million for the quarter.