eHealth Q2 revenue $65.9M (-1% YoY), GAAP net loss $28.0M; raises FY guidance; CEO to retire by Q2 2025

eHealth, Inc.

2024-Q2 EPS reported -$2.29 revenue$158,820,000

GAAP net loss $28.0M (19% increase YoY); Non-GAAP net loss improved 9% YoY.
Medicare submissions up 16% YoY; Medicare Advantage LTV rose 4% to $927.
Adjusted EBITDA $(15.5)M vs $(14.8)M in Q2 2023; cash & securities $151.1M.
Raised 2024 annual guidance (specific numeric targets not disclosed).
CEO Fran Soistman to retire by Q2 2025; board engaged Spencer Stuart to find successor.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

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Departed

Fran Soistman

chief executive officer

EHTH · eHealth, Inc.

Filed: August 7, 2024, 7:59 PM ET

On August 6, 2024, Fran Soistman notified the Company of his decision to retire from his position as the Company’s chief executive officer upon appointment of a successor, which is expected to occur by or before the end of the second quarter of 2025.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Fran Soistman departed as chief executive officer at eHealth, Inc..

Action: retire
Role: chief executive officer

Exact text from the filing

On August 6, 2024, Fran Soistman notified the Company of his decision to retire from his position as the Company’s chief executive officer upon appointment of a successor, which is expected to occur by or before the end of the second quarter of 2025.

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eHealth, Inc. filing history →

Source: SEC EDGAR

accession 0001333493-24-000122

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