Castlight Health's (CSLT) Slight Beat and Mixed Guide Keeps Leerink Partners on the Sidelines - PT to $3.50
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Castlight Health Announces Fourth Quarter and Full Year 2015 Results
February 17, 2016 4:04 PM ESTSAN FRANCISCO, CA -- (Marketwired) -- 02/17/16 --
Castlight Health, Inc. (NYSE: CSLT), a leading health benefits platform provider, today announced results for its fourth quarter and full year ended December 31, 2015.
"In 2015, we grew our annual recurring revenue (ARR) 41% year-over-year to $110 million, added 9 Fortune 500 customers and achieved Net Dollar Retention (NDR) of 116% due to strong uptake of our newest products Elevate and Action. While we did not achieve our growth objectives for the business, we made significant progress on several key initiatives in 2015 that lay the foundation for future growth," said... More
