Evolent Health: Q3 Earnings Snapshot

ARLINGTON, Va. (AP) — ARLINGTON, Va. (AP) — Evolent Health Inc. (EVH) on Thursday reported a loss of $23.6 million in its third quarter.

On a per-share basis, the Arlington, Virginia-based company said it had a loss of 21 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 6 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 6 cents per share.

The health care software and consulting services provider posted revenue of $725.4 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $734.3 million.

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

_____

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