Benefitfocus (BNFT) Misses Q2 EPS by 1c, Revenus Beat; Issue Mixed Outlook

Benefitfocus (NASDAQ: BNFT) reported Q2 EPS of ($0.26), $0.01 worse than the analyst estimate of ($0.25). Revenue for the quarter came in at $62.2 million versus the consensus estimate of $56.06 million.

GUIDANCE:

Benefitfocus sees Q3 2020 EPS of ($0.21)-($0.12), versus the consensus of ($0.17). Benefitfocus sees Q3 2020 revenue of $59-62 million, versus the consensus of $59.6 million.

Benefitfocus sees FY2020 EPS of ($0.59)-($0.44), versus the consensus of ($0.50). Benefitfocus sees FY2020 revenue of $260-270 million, versus the consensus of $258.9 million.

For earnings history and earnings-related data on Benefitfocus (BNFT) click here.

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