Everyday Health (EVDY) Misses Q3 EPS by 1c; Announces Launch of TVRx

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Go back to Everyday Health (EVDY) Misses Q3 EPS by 1c; Announces Launch of TVRx

Everyday Health (EVDY) Says Sales Execution Problems Affected Consumer Segment; Leerink Partners Reiterates Outperform

November 11, 2015 6:51 AM EST

Leerink Partners maintained an Outperform rating on Everyday Health (NYSE: EVDY), and cut the price target to $15.00 (from $27.00), following the company's 3Q earnings report. Everyday Health reported 3Q15 revenue of $54.3m, $2.5m or 4% below Street expectations. Management lowered guidance for 2015 by 5% from $240m... More