Connecture, Inc. (CNXR) Scheduled to Post Quarterly Earnings on Monday
Connecture, Inc. (NASDAQ:CNXR) is scheduled to issue its quarterly earnings data after the market closes on Monday, November 6th. Analysts expect the company to announce earnings of ($0.19) per share for the quarter.
Connecture (NASDAQ:CNXR) last posted its earnings results on Monday, August 7th. The technology company reported ($0.30) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.11). The business had revenue of $18.30 million during the quarter, compared to analyst estimates of $17.16 million. The firm’s quarterly revenue was down 2.2% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.47) earnings per share. On average, analysts expect Connecture to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Connecture, Inc. (NASDAQ CNXR) opened at 0.31 on Monday. The stock’s market cap is $7.09 million. Connecture, Inc. has a 12-month low of $0.25 and a 12-month high of $2.44. The firm’s 50-day moving average price is $0.62 and its 200-day moving average price is $0.73.
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Separately, Zacks Investment Research raised Connecture from a “sell” rating to a “hold” rating in a research note on Monday, October 16th.
Connecture, Inc provides a Web-based consumer shopping, enrollment and retention platform for health insurance distribution. The Company caters its services to health insurance marketplace operators, such as health plans, brokers and exchange operators. It operates through four segments: Enterprise/Commercial, Enterprise/State, Medicare and Private Exchange.
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