Inovalon (INOV) Tops Q1 EPS by 2c; Raises Guidance

Inovalon (NASDAQ: INOV) reported Q1 EPS of $0.17, $0.02 better than the analyst estimate of $0.15. Revenue for the quarter came in at $177.2 million versus the consensus estimate of $174.09 million.

GUIDANCE:

• Raising full-year 2021 revenue guidance, reflecting growth of 12% to 16% YoY, and reiterating profitability guidance
• Providing second quarter 2021 guidance, reflecting revenue growth of 11% to 15% YoY

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

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