Signify: Q1 Earnings Snapshot
Posted May 11, 2021 5:35 pm.
Last Updated May 11, 2021 5:38 pm.
NORWALK, Conn. (AP) _ Signify Health Inc. (SGFY) on Tuesday reported a loss of $23.2 million in its first quarter.
On a per-share basis, the Norwalk, Connecticut-based company said it had a loss of 14 cents. Earnings, adjusted for non-recurring costs, came to 20 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 4 cents per share.
The healthcare platform posted revenue of $180 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $169.5 million.
Signify expects full-year revenue in the range of $725 million to $760 million.
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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 SGFY at https://www.zacks.com/ap/SGFY
The Associated Press
