8-K
filed March 16, 2023, 7:59 PM ET
ticker GOCO
CIK 0001808220
earnings
confidence high
sentiment negative
materiality 0.85
GoHealth Q4 net loss $150.7M, FY net loss $376.4M; guides 2023 rev $750-850M
GoHealth, Inc.
- Q4 net revenue $69.4M, net loss $150.7M, Adj EBITDA -$94.8M; FY net revenue $631.7M, net loss $376.4M, Adj EBITDA -$129.8M.
- $266.4M negative lookback adjustment in Q4 reduced net revenue and net loss by $186.6M; FY lookback $275.7M reduced net loss by $192.7M.
- FY 2022 cash flow from operations $60.9M vs -$299M prior year, a $359.9M improvement.
- 2023 guidance: net revenue $750-850M, Adj EBITDA $100-140M, positive cash flow $75-115M; excludes non-Encompass BPO Services.
- Exiting non-Encompass BPO Services; contributed $110.9M revenue, $20.5M gross margin in 2022.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
GoHealth, Inc. updated its the fourth quarter and year ended December 31, 2022 guidance (initiated).
- Period
- the fourth quarter and year ended December 31, 2022
- Guidance
- initiated
- Result
- reported results
Exact text from the filing
GoHealth, Inc. (NASDAQ: GOCO), a leading health insurance marketplace and Medicare-focused digital health company, today announced unaudited financial results and select operating metrics for the fourth quarter and year ended December 31, 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
GoHealth, Inc. reported fourth quarter 2022 results: revenue $69.4 million, net income net loss of $150.7 million.
- Period
- fourth quarter 2022
- Revenue
- $69.4 million
- Net income
- net loss of $150.7 million
- Result
- reported results
Exact text from the filing
Fourth quarter 2022 net revenue of $69.4 million, net loss of $150.7 million, and Adjusted EBITDA 1 of negative $94.8 million.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
GoHealth, Inc. reported Full year 2022 results: revenue $631.7 million, net income net loss of $376.4 million.
- Period
- Full year 2022
- Revenue
- $631.7 million
- Net income
- net loss of $376.4 million
- Result
- reported results
Exact text from the filing
Full year 2022 net revenue of $631.7 million, net loss of $376.4 million, and Adjusted EBITDA 1 of negative $129.8 million.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
GoHealth, Inc. reported financial results for the year ended December 31, 2022.
- Period
- the year ended December 31, 2022
- Result
- reported results
Exact text from the filing
On March 16, 2023 , GoHealth, Inc. issued a press release announcing its financial results for the year ended December 31, 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
GoHealth, Inc. reported Full Year 2023 results: revenue $750 - $850 million. Guidance initiated.
- Period
- Full Year 2023
- Revenue
- $750 - $850 million
- Guidance
- initiated
- Result
- preliminary results
Exact text from the filing
The Company provided its full year 2023 outlook, and expects total net revenue of $750 - $850 million and Adjusted EBITDA 1 of $100 - $140 million, both excluding non-Encompass BPO Services.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
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