Cotiviti Holdings, Inc. (COTV) Tops Q2 EPS by 4c

Cotiviti Holdings, Inc. (NYSE: COTV) reported Q2 EPS of $0.38, $0.04 better than the analyst estimate of $0.34. Revenue for the quarter came in at $167.6 million versus the consensus estimate of $167.44 million.

GUIDANCE:

Cotiviti Holdings, Inc. sees FY2017 revenue of $688-700 million, versus the consensus of $694.6 million.

• Total revenue in a range of $688 million to $700 million;
• Net income in a range of $97 million to $103 million;
• Adjusted EBITDA in a range of $266 million to $272 million; and
• Fully diluted weighted average shares of approximately 96 million.

For earnings history and earnings-related data on Cotiviti Holdings, Inc. (COTV) click here.

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