Castlight Health: Q2 Earnings Insights

Shares of Castlight Health CSLT declined 1.68% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were up 150.00% over the past year to $0.01, which beat the estimate of ($0.04).

Revenue of $35,500,000 decreased by 1.14% from the same period last year, which beat the estimate of $31,000,000.

Outlook

The upcoming fiscal year's EPS expected to be between ($0.16) and ($0.11).

The upcoming fiscal year's revenue expected to be between $127,000,000 and $135,000,000.

Details Of The Call

Date: Jul 28, 2020

Time: 05:00 PM

ET Webcast URL: https://www.directeventreg.com/der/validateConferenceId.action

Price Action

52-week high: $3.03

Company's 52-week low was at $0.60

Price action over last quarter: Up 43.72%

Company Profile

Castlight Health Inc provides a software-as-a-service platform. It is used for health benefits navigation for employees in the United States. Its platform matches employees to the resources their employers make available to them; managing a condition; and assists them to manage their benefits. The company derives its revenue from sales of cloud-based subscription service and professional services contracts. Castlight generates its geographical revenue from the United States.