earnings
confidence high
sentiment positive
materiality 0.75
SelectQuote posts Q2 revenue $319.2M, net income $22.5M; raises FY23 EBITDA guidance midpoint $20M
SelectQuote, Inc.
2023-Q2 EPS reported
-$0.12
revenue$481,672,000
- Revenue $319.2M vs $194.2M YoY; net income $22.5M vs net loss $137.6M.
- Adjusted EBITDA $63.6M vs $(164.0)M; fourth consecutive quarter of improving results.
- Senior segment revenue $223.8M with 218,837 approved Medicare Advantage policies.
- FY23 guidance: revenue $910M-$960M, Adjusted EBITDA $5M-$25M (raised low end).
- Cash $96M as of Jan 31; no borrowings on $125M credit line.