Connecture (CNXR) Misses Q4 EPS by 50c

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Connecture Reports Financial Results for Fourth Quarter and Full Year 2016

March 14, 2017 4:05 PM EDT

Completes Additional Investment led by Francisco PartnersContracted Backlog Grows on Fourth Quarter Sales Activity

BROOKFIELD, Wis., March 14, 2017 (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 fourth quarter and full year ended December 31, 2016.  Concurrently, the Company announced it has completed an additional investment led by existing shareholder, Francisco Partners, a global private equity firm.

The fourth quarter of 2016 capped a year of... More