Examworks Group (EXAM) Tops Q2 EPS by 2c

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Needham & Company Cuts Price Target on Examworks Group (EXAM) Following 2Q Results

July 29, 2015 8:47 AM EDT

Needham & Company reiterated a Buy rating on ExamWorks Group (NYSE: EXAM), and cut the price target to $47.00 (from $48.00), following 2Q15 results. EXAM reported revenue of $208.7M vs. consensus of $201.7M. EXAM lowered its 2015 guidance for adjusted EBITDA margins to 17.0-17.5% from 17.0-18.0%.

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