Revenue Update on Mattersight Corp(NASDAQ:MATR)

Mattersight Corp(NASDAQ:MATR) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 9, 2016. Company reported revenue of $9.07M. Analysts estimated a revenue of $10.44M. Earnings per share were $-0.25. Analysts had estimated an EPS of $-0.21.

Mattersight Corp (MATR) shares turned negative on Wednesdays trading session with the shares closing down -0.02 points or -0.54% at a volume of 41,645. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $3.75. The peak price level was also seen at $3.75 while the days lowest was $3.7. Finally the shares closed at $3.71. The 52-week high of the shares is $8.1 while the 52-week low is $3.23. According to the latest information available, the market cap of the company is $99 M.

Several Insider Transactions has been reported to the SEC. On Jun 7, 2016, Kelly D Conway (President & CEO) sold 40,000 shares at $4.01 per share price.Also, On May 10, 2016, Henry Feinberg (director) purchased 50,000 shares at $3.51 per share price.On May 10, 2016, Michael John Murray (director) purchased 100,000 shares at $3.45 per share price, according to the Form-4 filing with the securities and exchange commission.

Mattersight Corporation (Mattersight) is an enterprise analytics focused on customer and employee interactions and behaviors. Through its Behavioral Analytics-related services including Predictive Behavioral Routing Performance Management and Predictive Analytics (collectively Behavioral Analytics) Mattersight captures and analyzes customer and employee interactions employee desktop data and other contextual information to route customers to the available employee operational performance and predict future customer and employee outcomes. The Company’s SaaS delivery model combines analytics in the cloud with customer partnerships. Mattersight’s solutions are used by companies in the healthcare insurance financial services telecommunications cable utilities education hospitality and Government industries. The Company generates two types of revenue which include managed services revenue and consulting services revenue.

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