secwatch.observer — SEC 8-K summary
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Issuer:     eHealth, Inc. (EHTH)
CIK:        0001333493
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001333493-25-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

eHealth reports record Q4: revenue $315.2M, net income $97.5M, adjusted EBITDA $121.3M
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- Q4 total revenue $315.2M (+27% YoY); GAAP net income $97.5M (+87%); adjusted EBITDA $121.3M (+74%).
- Medicare Advantage submissions grew 42% YoY in Q4; total Medicare approved members up 33% YoY.
- FY2024 total revenue $532.4M (+18% YoY); net income $10.1M vs loss $28.2M in FY2023; adjusted EBITDA $69.3M vs $14.1M.
- Medicare unit margin expanded 16% YoY driven by 23% lower acquisition cost per MA-equivalent approved member and higher LTV.
- Commissions receivable balance reached record $1.0B as of Dec 31, 2024, up 9% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1333493/000133349325000023/0001333493-25-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1333493/000133349325000023/ehth-20250226.htm
  HTML page:      https://secwatch.observer/filing/0001333493-25-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer