Livongo Reports Second Quarter Financial Results
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(LVGO) Tops Q2 EPS by 2c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus
September 5, 2019 5:52 AM EDT(NASDAQ: LVGO) reported Q2 EPS of ($0.46), $0.02 better than the analyst estimate of ($0.48). Revenue for the quarter came in at $40.9 million versus the consensus estimate of $39.74 million.
Second Quarter Fiscal 2019 Financial Highlights:
Revenue: Total revenue for the quarter was $40.9 million, up 156% year-over-year, driven by the continued adoption of our Applied Health Signals platform. Gross Margin: GAAP gross margin of 68.5% and non-GAAP gross margin of 69.4%. Net Loss: GAAP net loss of $14.2 million, and net loss per share attributable to common stockholders of ($0.76) on... More