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: TechAgreements

Nighthawk Radiology Holdings, Inc. Enters Into Agreement To Repurchase Founder's Shares

By TechAgreements

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The share repurchase will result in a reduction in the weighted average number of shares outstanding and thus is expected to result in an increase in adjusted earnings per share in the third quarter of 2009 of approximately one cent per share. Accordingly, the company updated its guidance to reflect this impact of a lower share count, and now expects adjusted earnings per share of 16 to 17 cents..

Full post as published by TechAgreements on August 13, 2009 (boomark / email).

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