Profit for athenahealth Inc. grew in the second quarter ended June 30 on a strong gain in revenue. Net income increased 7% to $3 million, while revenue rose 42% to $56.7 million.
For the first six months of the year, the Watertown, Mass.-based vendor, which sells Web-based revenue cycle management and electronic health records software and professional services to group practices, saw net income increase 17% to $5.4 million. Revenue in the first half grew 42% to $88.8 million.
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