SelectQuote Q3 revenue $275.1M, net loss $6.4M; Senior segment adjusted EBITDA down 57% YoY

SelectQuote, Inc.

2022-Q3 EPS reported -$1.16 revenue$627,621,000

Revenue $275.1M vs $265.3M prior year; net loss $6.4M vs net income $35.2M.
Senior segment adjusted EBITDA $32.2M (down 57%); MA approved policies up 48% YoY.
Life revenue $39.4M (down 12%); final expense premiums up 15% YoY.
FY2022 guidance: revenue $810-850M, net loss $255-236M, adj. EBITDA $(260)-$(235)M.
Identified $200M+ in expense reduction opportunities; ~20% executed in Q3.

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