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Financial Snapshot

Revenue
TTM
$249.1M
Gross Margin
TTM
50.06%
Net Income
TTM
-$18.42M
Current Assets
2022 Q3
Current Liabilities
2022 Q3
Current Ratio
2022 Q3
142.17%
Total Assets
2022 Q3
Total Liabilities
2022 Q3
Book Value
2022 Q3
-24.87M
Cash
2022 Q3
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
$18.64M

Stock Price

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Market Cap: $361.42 Million

About Benefitfocus, Inc.

Benefitfocus, Inc. provides cloud-based benefits management technology solutions for employers and health plans. The company is headquartered in Charleston, South Carolina and currently employs 1,100 full-time employees. The company went IPO on 2013-09-18. The firm helps organizations simplify the complexity of benefits administration while engaging people in the right healthcare and benefit programs for them and their families. The company provides a multi-tenant cloud-based benefits enrolment and management platform for employees, employers, health plans, suppliers, and brokers. Its portfolio of products and services serves the benefits ecosystem. Its solutions support medical benefit plans; ancillary benefits, such as, dental, life, disability insurance, mental health, and financial wellness; and an array of voluntary benefits. Employers use its solutions to streamline benefits processes and control costs. Health plans use its solutions to market offerings to benefits-eligible employees, simplify billing, and improve the enrolment process. Brokers use its platform to manage employer portfolios and individual clients.

Industry: Services-Prepackaged Software Peers: CoreCard Corp Old Digimarc CORP eGain Corp Embark Technology, Inc. KLDiscovery Inc. Salesforce Inc WM Technology Inc Upland Software Inc Viant Technology Inc Veritone Inc

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