earnings
confidence high
sentiment negative
materiality 0.70
GoHealth Q3 net revenue down 37% to $133.1M; net loss widens to $74.7M
GoHealth, Inc.
2022-Q3 EPS reported
-$0.70
revenue$562,299,000
- Medicare Submitted Policies Q3: 132,831, down 34% YoY; YTD up 11% to 611,385.
- YTD 2022 operating cash flow positive $101.9M vs negative $72.4M in prior year.
- Adjusted EBITDA Q3 negative $14.3M, similar to prior year; YTD negative $35.0M.
- CEO cites Encompass solution driving 70% higher conversion rate during AEP so far.
- YTD 2022 net loss $225.6M vs $102.0M loss in prior year period.