Somewhat Positive News Coverage Somewhat Unlikely to Impact Connecture (CNXR) Stock Price

News coverage about Connecture (NASDAQ:CNXR) has trended somewhat positive recently, according to Accern. The research group identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Connecture earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 46.7952754043423 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

Connecture (NASDAQ:CNXR) last issued its quarterly earnings results on Monday, August 7th. The technology company reported ($0.30) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.11). The firm had revenue of $18.30 million for the quarter, compared to the consensus estimate of $17.16 million. During the same period last year, the company posted ($0.47) EPS. Connecture’s revenue for the quarter was down 2.2% compared to the same quarter last year.

Separately, Zacks Investment Research upgraded shares of Connecture from a “sell” rating to a “hold” rating in a research report on Monday, October 16th.

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About Connecture

Connecture, Inc provides a Web-based consumer shopping, enrollment and retention platform for health insurance distribution. The Company caters its services to health insurance marketplace operators, such as health plans, brokers and exchange operators. It operates through four segments: Enterprise/Commercial, Enterprise/State, Medicare and Private Exchange.

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