Benefitfocus (BNFT) reported earnings on Wed 1 May 2019 (a/h)

** charts before earnings **

 

 ** charts after earnings **

Benefitfocus misses by $0.01, reports revs in-line; guides Q2 EPS below consensus, revs below consensus; guides FY19 EPS below consensus, reaffirms FY19 revs guidance

• Reports Q1 (Mar) loss of $0.21 per share, excluding non-recurring items, $0.01 worse than the S&P Capital IQ Consensus of ($0.20); revenues rose 9.5% year/year to $68.3 mln vs the $67.77 mln S&P Capital IQ Consensus.
• Co issues downside guidance for Q2, sees EPS of ($0.46) - ($0.40), excluding non-recurring items, vs. ($0.17) S&P Capital IQ Consensus; sees Q2 revs of $66.5-68.5 mln vs. $71.00 mln S&P Capital IQ Consensus.
• Co issues guidance for FY19, sees EPS of ($0.83) - ($0.68), excluding non-recurring items, vs. ($0.32) S&P Capital IQ Consensus; sees FY19 revs of $301-309 mln vs. $304.93 mln S&P Capital IQ Consensus.