Benefitfocus Announces Second Quarter 2020 Financial Results

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Benefitfocus (BNFT) Misses Q2 EPS by 1c, Revenus Beat; Issue Mixed Outlook

August 5, 2020 4:18 PM EDT

Benefitfocus (NASDAQ: BNFT) reported Q2 EPS of ($0.26), $0.01 worse than the analyst estimate of ($0.25). Revenue for the quarter came in at $62.2 million versus the consensus estimate of $56.06 million.

GUIDANCE:

Benefitfocus sees Q3 2020 EPS of ($0.21)-($0.12), versus the consensus of ($0.17). Benefitfocus sees... More