Inovalon Reports Third Quarter 2016 Results

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Go back to Inovalon Reports Third Quarter 2016 Results

Inovalon (INOV) Tops Q3 EPS by 4c, Expands Buyback Program

November 2, 2016 4:50 PM EDT

Inovalon (NASDAQ: INOV) reported Q3 EPS of $0.10, $0.04 better than the analyst estimate of $0.06. Revenue for the quarter came in at $105 million versus the consensus estimate of $102.38 million.

GUIDANCE:

Inovalon sees Q4 2016 EPS of $0.39-$0.46, versus the consensus of $0.41. Inovalon sees Q4 2016 revenue of $470-490 million, versus the... More