Connecture (CNXR) Misses Q1 EPS by 14c
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Connecture Reports Financial Results for First Quarter 2016
May 9, 2016 4:13 PM EDTBROOKFIELD, Wis., May 09, 2016 (GLOBE NEWSWIRE) -- Connecture, Inc. (Nasdaq: CNXR), a provider of web-based information systems used to create health insurance marketplaces, today announced financial results for the quarter ended March 31, 2016.
Our first quarter performance was highlighted by a strong start to the year in our Medicare segment which was driven by new customer additions and successful expansion activity, remarked Jeff Surges, CEO of Connecture. Our Enterprise/Commercial segment was positively impacted by upselling strategically within our base of health plan customers. As we look forward, our pipeline heading into the peak 2016 selling season is... More
