earnings
confidence high
sentiment neutral
materiality 0.75
eHealth Q3 revenue down 10% to $58.4M; GAAP net loss widens to $42.5M
eHealth, Inc.
2024-Q3 EPS reported
-$4.13
revenue$217,229,000
- Q3 total revenue $58.4M, down 10% YoY; positive net adjustment revenue fell from $12.2M to $1.2M.
- GAAP net loss $42.5M vs $37.0M YoY; Non-GAAP net loss $43.3M improved 6% YoY.
- Medicare submissions up 22% YoY, MA approved members up 14%; acquisition cost per MA-equivalent down 16%.
- Adjusted EBITDA of -$34.8M; excluding net adjustment revenue, improved $4.3M YoY.
- Term loan amended with maturity extended to Feb 2026 at improved interest rates; cash $117.8M.