earnings
confidence high
sentiment positive
materiality 0.70
eHealth Q3 revenue up 21% to $64.7M; net loss narrows to $37M; AEP outlook positive
eHealth, Inc.
2023-Q3 EPS reported
-$3.88
revenue$205,209,000
- Q3 2023 revenue $64.7M (up 21% YoY); GAAP net loss $37.0M improved from $39.1M in Q3 2022.
- Adjusted EBITDA loss $(28.1)M, improved $5.0M YoY.
- Medicare Advantage LTV increased 5% to $997; retention trends encouraging for most recent AEP cohort.
- Operating cash flow TTM $8.1M vs $(110.6)M a year ago; cash & marketable securities $160.6M.
- Total operating costs up 2% to $104.1M reflecting telesales investment ahead of AEP.