Inovalon (INOV) Reports In-Line Q1 EPS, Trims FY Guidance

Inovalon (NASDAQ: INOV) reported Q1 EPS of $0.11, in-line with the analyst estimate of $0.11. Revenue for the quarter came in at $154.2 million versus the consensus estimate of $158.96 million.

GUIDANCE:

Inovalon sees FY2020 EPS of $0.53-$0.57, versus the consensus of $0.59. Inovalon sees FY2020 revenue of $672-698 million, versus the consensus of $701.4 million.

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

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