BNFT - Benefitfocus stock falls as revenue guidance disappoints

Benefitfocus (BNFT) stock slips 2.7% in after-hours trading after its revenue guidance for Q1 and full-year 2021 falls short of consensus estimates.Sees Q1 revenue of $59M-$61M, less than the $64.0M consensus estimate.Expects Q1 non-GAAP loss per share of 6 cents-10 cents; better than the average analyst estimate for a loss of 12 cents per share.For 2021, BNFT expects total revenue of $254M-$260M, trailing the average analyst estimate of $276.7M.Conference call at 5:00 PM ET.Previously (March 8): Benefitfocus EPS beats by $0.13, beats on revenue

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Benefitfocus stock falls as revenue guidance disappoints