Castlight Health, inc. (NYSE:CSLT) is reporting second quarter earnings results on Tuesday 28th July 2020, after market close.
The consensus estimates from Thomson Reuters are loss of $ 0.04 per share.
For the full year, analysts predict revenues of $ 130.78 million, while looking forward to loss of $ 0.13 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 127.00 million ~ $ 135.00 million, where as bottomline are predicted in a range of $ -0.16 ~ $ -0.11 per share
Click Here For More Historical Outlooks Of Castlight Health, inc.
Previous Quarter Performance
Castlight Health, inc. revealed loss for the first quarter of $ 0.01 per share, from the revenue of $ 39.05 million. The quarterly revenues developed 10.03 percent compared with the same quarter last year. According to street consensus, CSLT was expected to report 1Q20 loss of $ 0.05 per share from revenue of $ 33.27 million. The bottom line results beat street analysts by $ 0.04 or 80.00 percent, at the same time, top line results outshined analysts by $ 5.78 million or 17.37 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of CSLT was $ 1.09, representing a 81.67 % increase from the 52 week low of $ 0.60 and a 64.03 % decrease over the 52 week high of $ 3.03.
The company has a market capital of $ 162.97 million and is part of the Technology sector and Health Information Services industry.
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Conference Call
Castlight Health, inc. will be hosting a conference call at 5:00 PM eastern time on 28th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.castlighthealth.com
Castlight Health, Inc. provides a software-as-a-service platform used for health benefits navigation for employees in the United States. Its platform matches employees to the resources their employers make available to them; managing a condition; and assists them to manage their benefits.
