Recap: Benefitfocus Q1 Earnings

Benefitfocus BNFT reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

Benefitfocus beat estimated earnings by 110.0%, reporting an EPS of $0.01 versus an estimate of $-0.1.

Revenue was down $3.84 million from the same period last year.

Last quarter the company beat on EPS by $0.17 which was followed by a 1.85% increase in the share price the next day.

Here's a look at Benefitfocus's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.07	-0.23	-0.14	-0.11
EPS Actual	0.24	-0.19	-0.18	0.01
Revenue Estimate	70.00M	59.04M	59.16M	60.25M
Revenue Actual	75.10M	62.03M	60.90M	65.06M

To track all earnings releases for Benefitfocus visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.