Castlight Health, inc. (NYSE:CSLT) is expected to report third quarter earnings results, after market close, on Thursday 5th November 2020.
Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.04 per share.
Looking ahead, the full year loss are expected at $ 0.1 per share on the revenues of $ 133.22 million.
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. outlined income for the second quarter of $ 0.01 per share, from the revenue of $ 35.50 million. The quarterly revenues shrunk 1.14 percent compared with the same quarter last year. Wall street analysts are predicting, CSLT to report 2Q20 loss of $ 0.04 per share from revenue of $ 30.99 million. The bottom line results beat street analysts by $ 0.05 or 125.00 percent, at the same time, top line results outshined analysts by $ 4.51 million or 14.55 percent.
Stock Performance
Shares of Castlight Health, inc. traded up $ 0.05 or 6.28 percent on Wednesday, reaching $ 0.85 with volume of 432.80 thousand shares. Castlight Health, inc. has traded high as $ 0.88 and has cracked $ 0.77 on the downward trend
The closing price of $ 0.85, representing a 33.33 % increase from the 52 week low of $ 0.60 and a 51.22 % decrease over the 52 week high of $ 1.64.
The company has a market capital of $ 128.05 million and is part of the Technology sector and Health Information Services industry.
Conference Call
Castlight Health, inc. will be hosting a conference call at 8:00 PM eastern time on 5th November 2020, to discuss its 3Q20 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.
