|Bid||14.08 x 1000|
|Ask||14.10 x 800|
|Day's Range||13.53 - 14.15|
|52 Week Range||8.37 - 17.58|
|Beta (5Y Monthly)||1.77|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 03, 2021 - Aug 09, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||13.67|
Indaba Capital Management, L.P. (together with its affiliates, "Indaba" or "we"), which beneficially owns approximately 9.9% of the outstanding common shares of Benefitfocus, Inc. (NASDAQ: BNFT) ("Benefitfocus" or the "Company"), and approximately 22.9% of the outstanding issue of the Company’s 1.25% convertible senior notes, today issued the below open letter to the Company’s Board of Directors (the "Board"):
Benefitfocus, Inc. (NASDAQ: BNFT), an industry-leading benefits technology platform that simplifies benefits administration for employers, health plans and brokers, has added a full suite of benefits offerings from Standard Insurance Company (The Standard), a leading provider of financial protection products and services for employers and individuals, to the growing range of products and services on its Benefit Catalog.
Benefitfocus, Inc. (NASDAQ: BNFT), a leading technology platform provider enabling rapid innovation for employers, health plans and consumers, today announces significant software updates to its Benefitplace™ platform specific to health plan users, with further upgrades set for release in mid-June. The updates enhance the Shopping & Quoting functions on the platform, to further simplify selling and distribution through an automated, insight-driven experience for brokers and groups.