Evolent Health: Q2 Earnings Snapshot

ARLINGTON, Va. (AP) _ Evolent Health Inc. (EVH) on Tuesday reported a loss of $4.6 million in its second quarter.

The Arlington, Virginia-based company said it had a loss of 5 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 10 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The...

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ARLINGTON, Va. (AP) _ Evolent Health Inc. (EVH) on Tuesday reported a loss of $4.6 million in its second quarter.

The Arlington, Virginia-based company said it had a loss of 5 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 10 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share.

The health care software and consulting services provider posted revenue of $319.9 million in the period.

For the current quarter ending in October, Evolent Health said it expects revenue in the range of $343 million to $363 million.

The company expects full-year revenue in the range of $1.32 billion to $1.36 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EVH at https://www.zacks.com/ap/EVH

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