SelectQuote corrects FY2023 net loss guidance upward; previously understated

SelectQuote, Inc.

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

Corrected FY2023 net loss guidance now $73M-$55M (previously understated).
Q3 FY2023 revenue $299.4M, net income $9.3M, Adjusted EBITDA $44.0M.
Senior segment revenue $185.2M, Adjusted EBITDA $59.2M on 165,530 approved Medicare Advantage policies.
Healthcare Services revenue $70.7M, Adjusted EBITDA loss $3.4M; SelectRx members ~45,000.
FY2023 guidance: revenue $950M-$970M, Adjusted EBITDA $40M-$50M.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

SelectQuote, Inc. reported third quarter ended March 31, 2023 results: revenue $299.4 million, net income $9.3 million. Guidance lowered.

Period: third quarter ended March 31, 2023
Revenue: $299.4 million
Net income: $9.3 million
Guidance: lowered
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

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SelectQuote, Inc. filing history →

Source: SEC EDGAR

accession 0001794783-23-000052

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