NYSE:EVHHealthcare Services
Evolent Health (EVH): Evaluating Valuation After Earnings Miss and Upbeat Profit Outlook
Evolent Health (NYSE:EVH) has landed in the spotlight after releasing a quarterly update that was a mixed bag for investors. The company reported revenues and earnings per share that missed Wall Street’s expectations, triggering a 5.3% drop in the stock price. Yet, CEO Seth Blackley took the opportunity to highlight a brightened outlook, pointing out faster-than-usual profitability targets and an accelerating new business pipeline supported by a push into AI and automation...