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Evolent Health: Q2 Earnings Snapshot
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ARLINGTON, Va. (AP) — ARLINGTON, Va. (AP) — Evolent Health Inc. (EVH) on Thursday reported a loss of $28.4 million in its second quarter.

The Arlington, Virginia-based company said it had a loss of 25 cents per share. Earnings, adjusted for one-time gains and costs, were 2 cents per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.

The health care software and consulting services provider posted revenue of $652.5 million in the period, also topping Street forecasts. Five analysts surveyed by Zacks expected $611.1 million.

Evolent Health expects full-year revenue in the range of $2.6 billion to $2.7 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

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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