trending Market Intelligence /marketintelligence/en/news-insights/trending/JI38-Zag1kBO160FJKYc2A2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Inovalon Holdings affirms FY'16 guidance

Banking Essentials Newsletter - November Edition

Online Brokerage Space Should Remain Rich Source Of M&A

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity

Street Talk Episode 70 - Banks' Liquidity Conundrum Could Fuel M&A Activity


Inovalon Holdings affirms FY'16 guidance

InovalonHoldings Inc. affirmed its full-year 2016 , expecting revenue to bebetween $510 million and $520 million.

Adjusted EBITDA should be between $182 million and $188million, while non-GAAP net income is expected to be between $88 million and$92 million. Non-GAAP net income per share is anticipated to be between 57cents and 60 cents.

The company reported first-quarter net income attributableto common stockholders of $2.4 million, or 2 cents per share, compared with$13.8 million, or 10 cents per share, a year ago. Non-GAAP net income was $7.5million, or 5 cents per share, compared with $15.1 million, or 11 cents pershare, for the first quarter of 2015.

The S&P Capital IQ consensus normalized EPS estimate forthe quarter was 8 cents.