eHealth raises FY 2025 guidance, Q3 revenue down 8% to $53.9M, net loss improves

eHealth, Inc.

2025-Q3 EPS reported -$2.78 revenue$227,770,000

Q3 2025 revenue $53.9M, down 8% YoY; GAAP net loss $31.7M vs $42.5M loss in Q3 2024.
Adjusted EBITDA loss improved to $34.0M from $34.8M; operating costs down 6% to $95.4M.
MA approved members declined due to regulatory limits on dual-eligible switches; Med Supp LTV up 33%.
Positive net adjustment revenue of $12.2M vs $1.2M in prior year.
AEP preparations completed; amended term loan to extend maturity to Jan 2027, cash $75.3M.

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