Inovalon Reports Second Quarter 2016 Results
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Go back to Inovalon Reports Second Quarter 2016 Results
August 4, 2016 7:08 AM EDT
William Blair downgraded Inovalon Holdings (NASDAQ: INOV) from Outperform to Market Perform.
For an analyst ratings summary and ratings history on Inovalon Holdings click here. For more ratings news on Inovalon Holdings click here.
Shares of Inovalon Holdings closed at $19.27 yesterday.
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August 4, 2016 6:45 AM EDT
Piper Jaffray downgraded Inovalon Holdings (NASDAQ: INOV) from Neutral to Underweight with a price target of $11.00 (from $14.00).
Analyst Sean Wieland commented, "INOV missed for the fifth sequential quarter, with CY16 organic revenue guidance at 0%, leaving us to ask, "Where's the growth?" Revenue attrition nearly... More
August 3, 2016 4:49 PM EDT
Inovalon (NASDAQ: INOV) reported Q2 EPS of $0.14, in-line with the analyst estimate of $0.14. Revenue for the quarter came in at $123.8 million versus the consensus estimate of $126.86 million.
GUIDANCE:
Inovalon sees FY2016 EPS of $0.39-$0.46, versus the consensus of $0.56. Inovalon sees... More
