Inovalon (INOV) Reports In-Line Q2 EPS, Lowers FY Guidance

Inovalon (NASDAQ: INOV) reported Q2 EPS of $0.14, in-line with the analyst estimate of $0.14. Revenue for the quarter came in at $123.8 million versus the consensus estimate of $126.86 million.

GUIDANCE:

Inovalon sees FY2016 EPS of $0.39-$0.46, versus the consensus of $0.56. Inovalon sees FY2016 revenue of $470-490 million, versus the consensus of $515.3 million.

For earnings history and earnings-related data on Inovalon (INOV) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Newton Golf Company (NWTG) Reports Q2 Loss of $0.49
• SVB & T Corporation (SVBT) Tops Q2 EPS by 275c