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.

Earnings

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.

Past Earnings Performance

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.

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