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.

Earnings

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.

Past Earnings Performance

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.

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