eHealth(EHTH)

Search documents
eHealth(EHTH) - 2024 Q1 - Quarterly Report
2024-05-07 20:10
☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-33071 _____________________________________________ EHEALTH, INC. (Exact name of registrant as specified in its charter) _________________ ...
eHealth(EHTH) - 2024 Q1 - Earnings Call Transcript
2024-05-07 19:09
eHealth, Inc. (NASDAQ:EHTH) Q1 2024 Earnings Call Transcript May 7, 2024 8:30 AM ET Company Participants Eli Newbrun-Mintz - Senior Investor Relations Manager Fran Soistman - Chief Executive Officer John Stelben - Chief Financial Officer Conference Call Participants Operator Good morning, everyone, and welcome to eHealth, Inc. Conference Call to discuss the company's First Quarter 2024 Financial Results. At this time, all participants have been placed in listen only mode. The floor will open for your questi ...
eHealth(EHTH) - 2024 Q1 - Earnings Call Presentation
2024-05-07 17:00
Financial Performance - Q1 2024 total revenue reached $93.0 million, a 26% increase compared to $73.7 million in Q1 2023[8, 66] - Q1 2024 GAAP net loss improved to $17.0 million, a $2.9 million improvement year-over-year[5] - Q1 2024 adjusted EBITDA improved to $(1.7) million, a $11.0 million improvement compared to $(12.7) million in Q1 2023[5] - Operating cash flow for the trailing twelve months ended March 31, 2024, was $3.3 million, up from negative $13.2 million a year ago[11, 67, 86] Medicare Segment - Q1 2024 Medicare Advantage approved members increased 9% to 65,750 compared to 60,451 in Q1 2023[52] - Q1 '24 Medicare approved members increased 10% year-over-year[9] - Q1 '24 Medicare non-commission revenue was $11.6 million, with year-over-year growth of more than 100%[71] - Q1 2024 Medicare Advantage LTV increased 6% to $952 from $901 in Q1 2023[37] Amplify - Amplify annual gross margin target of 30%-35%[17] Guidance - The company reiterates its FY 2024 guidance, including total revenue of $450 million to $475 million, GAAP net loss of ($40) million to ($20) million, and adjusted EBITDA of ($5) million to $20 million[46]
EHealth (EHTH) Reports Q1 Loss, Tops Revenue Estimates
Zacks Investment Research· 2024-05-07 13:46
EHealth (EHTH) came out with a quarterly loss of $0.79 per share versus the Zacks Consensus Estimate of a loss of $0.39. This compares to loss of $0.96 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -102.56%. A quarter ago, it was expected that this provider of internet-based heath insurance agency services would post earnings of $1.94 per share when it actually produced earnings of $1.61, delivering a surprise of -17.01%.Ove ...
eHealth(EHTH) - 2024 Q1 - Quarterly Results
2024-05-07 11:34
eHealth, Inc. Announces First Quarter 2024 Results Strong first quarter results with total revenue growth of 26% YoY Significant YoY improvement in profitability metrics and operating cash flow AUSTIN, Texas — May 7, 2024 — eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, today announced its financial results for the first quarter ended March 31, 2024. CEO Comments "eHealth delivered another quarter of strong execution in our Medicare business, building on momentum we ach ...
eHealth, Inc. to Present at the 2024 RBC Capital Markets Global Healthcare Conference
Prnewswire· 2024-04-30 20:12
AUSTIN, Texas, April 30, 2024 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, today announced that Fran Soistman, Chief Executive Officer, will present at the 2024 RBC Capital Markets Global Healthcare Conference on Tuesday, May 14th, 2024 at 2:05 p.m. E.T. Interested investors can access the live audio webcast of the presentation on eHealth's Investor Relations website at https://ir.ehealthinsurance.com. About eHealth, Inc. We're Matchmakers. For over 25 ...
eHealth, Inc. Reiterates Fiscal Year 2024 Guidance Ahead of First Quarter 2024 Earnings Announcement
Prnewswire· 2024-04-18 12:00
Provides dial-in details for the first quarter 2024 earnings call, to be held on May 7 at 8:30 a.m. Eastern Time AUSTIN, Texas, April 18, 2024 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, today reiterated its previously issued fiscal year 2024 guidance. Following the April 4th release of the final Policy and Technical Changes to the Medicare Advantage Program for Contract Year 2025, eHealth committed to providing clarity with respect to the rule and it ...
eHealth Provides Comments on CMS' Final Policy & Technical Changes for Medicare Advantage
Prnewswire· 2024-04-05 12:00
AUSTIN, Texas, April 5, 2024 /PRNewswire/ -- eHealth, Inc. (Nasdaq: EHTH), a leading private online health insurance marketplace, commented on the final Contract Year 2025 Policy and Technical Changes to the Medicare Advantage Program, released by the Centers for Medicare & Medicaid Services (CMS) on April 4, 2024. The company is currently in the process of reviewing the rule. As there continue to be areas of ambiguity, eHealth will also be communicating with CMS and the company's carrier partners to obtain ...
eHealth Announces Launch of ePerks Rewards Program
Prnewswire· 2024-04-04 12:00
Program includes year-round support services, access to a dedicated advocate team, and special offers from eHealth partners AUSTIN, Texas, April 4, 2024 /PRNewswire/ -- As a leading private online health insurance marketplace, eHealth, Inc. (Nasdaq: EHTH) (eHealth.com) believes in building long-term relationships with customers and adding value to their lives beyond the initial point of sale. That's why the company today announced the launch of its new eHealth ePerks rewards program. The company has already ...
Enrollees Love Their Medicare Advantage Plans, Especially When They Picked Them With Help From a Licensed Insurance Agent, eHealth Report Finds
Prnewswire· 2024-03-13 16:39
Survey of more than 2,100 Medicare Advantage enrollees finds working with a licensed agent corresponds to higher satisfaction and confidence 97% of enrollees want the government to defend access to Medicare Advantage plans AUSTIN, Texas, March 13, 2024 /PRNewswire/ -- In recent years, government regulators have engaged in laudable efforts to weed out bad actors from the Medicare Advantage market. However, recent and proposed rules that risk making it harder for beneficiaries to get effective help from legit ...