SelectQuote Q1 FY2024 revenue $232.7M, net loss narrows to $31.1M; reaffirms FY guidance

SelectQuote, Inc.

2024-Q1 EPS reported -$0.19 revenue$232,730,000

Revenue $232.7M (+43% YoY); net loss $31.1M vs $42.5M; Adj EBITDA -$11.4M vs -$27.5M.
Senior segment revenue $89.9M; approved Medicare Advantage policies 97,681.
Healthcare Services revenue $97.4M (record); SelectRx members over 52,000.
Life insurance revenue $37.8M; Auto & Home revenue $9.0M.
Reaffirms FY2024 guidance: revenue $1.05B-$1.2B, Adj EBITDA $80M-$105M.

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 first quarter ended September 30, 2023 results: revenue Revenue of $232.7 million, net income Net loss of $31.1 million. Guidance reaffirmed.

Period: first quarter ended September 30, 2023
Revenue: Revenue of $232.7 million
Net income: Net loss of $31.1 million
Guidance: reaffirmed
Result: reported results

Exact text from the filing

SelectQuote, Inc. Reports First Quarter 2024 Results First Quarter of Fiscal Year 2024 – Consolidated Earnings Highlights • Revenue of $232.7 million • Net loss of $31.1 million • Adjusted EBITDA* of $(11.4) million Reaffirming Fiscal Year 2024 Guidance Ranges: • Revenue expected in a range of $1.05 billion to $1.2 billion • Net loss expected in a range of $50 million to $22 million • Adjusted EBITDA* expected in a range of $80 million to $105 million

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SelectQuote, Inc. filing history →

Source: SEC EDGAR

accession 0001794783-23-000139

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