Benefitfocus: Q2 Earnings Insights

Benefitfocus BNFT reported its Q2 earnings results on Wednesday, August 3, 2022 at 04:05 PM.

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

Benefitfocus beat estimated earnings by 37.5%, reporting an EPS of $-0.1 versus an estimate of $-0.16.

Revenue was down $4.32 million from the same period last year.

Last quarter the company beat on EPS by $0.11 which was followed by a 1.23% drop in the share price the next day.

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

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	-0.10	0.07	-0.23	-0.14
EPS Actual	0.01	0.24	-0.19	-0.18
Revenue Estimate	60.74M	70.00M	59.04M	59.16M
Revenue Actual	61.23M	75.10M	62.03M	60.90M

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.