SelectQuote Q3 FY2023 rev $299.4M, net income $9.3M; raises FY2023 Adj EBITDA guidance

SelectQuote, Inc.

2023-Q3 EPS reported -$0.06 revenue$781,070,000

Q3 revenue $299.4M vs $274.3M YoY; net income $9.3M vs loss of $7.0M.
Q3 Adj EBITDA $44.0M, up from $12.2M YoY; Senior segment Adj EBITDA $59.2M.
FY2023 guidance: rev $950M-$970M, Adj EBITDA $40M-$50M, net loss $68M-$48M.
Senior approved Medicare Advantage policies 165,530; Healthcare Services had ~45,000 SelectRx members.
CEO cites strategic redesign driving unit economics, productivity gains, and cash flow visibility.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

SelectQuote, Inc. reported third quarter of fiscal year 2023 results: revenue $299.4 million, net income $9.3 million.

Period: third quarter of fiscal year 2023
Revenue: $299.4 million
Net income: $9.3 million
Result: reported results

Exact text from the filing

SelectQuote, Inc. (NYSE: SLQT) reported consolidated revenue for the third quarter of fiscal year 2023 of $299.4 million compared to consolidated revenue for the third quarter of fiscal year 2022 of $274.3 million. Consolidated net income for the third quarter of fiscal year 2023 was $9.3 million compared to consolidated net loss for the third quarter of fiscal year 2022 of $7.0 million.

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SelectQuote, Inc. filing history →

Source: SEC EDGAR

accession 0001794783-23-000048

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