Wageworks, Inc. Expects Restated Earnings Results for the Year Ended December 31, 2016; Provides Earnings Guidance for the Full Year 2018
The company currently expects full year 2018 year-over-year revenue growth of 1% to 4% and adjusted EBITDA margin of 28% to 32%, excluding the impact of costs associated with the restatement efforts and any accounting adjustments. Full year 2018 revenue growth is expected to be driven by strong growth in the HSA product offering, partially offset by lower revenue from FSA and COBRA products.