Castlight Health (CSLT) Tops Q3 EPS by 3c

Castlight Health (NYSE: CSLT) reported Q3 EPS of ($0.18), $0.03 better than the analyst estimate of ($0.21). Revenue for the quarter came in at $12.2 million versus the consensus estimate of $11.5 million.

“Castlight had an outstanding third quarter. We executed well across the business, driving great results for customers, and achieving record growth in new bookings of Castlight's Enterprise Healthcare Cloud,” said Giovanni Colella, M.D., co-founder and Chief Executive Officer of Castlight Health. “Proof points continue to mount that Castlight customers and their employees are achieving tangible value by gaining control of their healthcare spend. We exited the third quarter with 159 signed customers and seven new Fortune 500 employers. We see strong demand nationwide and across industries for our unique platform, and are excited about our potential to transform how enterprises manage this critical aspect of their business.”

For earnings history and earnings-related data on Castlight Health (CSLT) click here.

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