GOCO - GoHealth GAAP EPS of -$3.27 misses by $0.94 revenue of $142.8M beats by $27.18M
2023-08-10 06:10:29 ET
- GoHealth press release ( NASDAQ: GOCO ): Q2 GAAP EPS of -$3.27 misses by $0.94 .
- Revenue of $142.8M (-10.0% Y/Y) beats by $27.18M .
- Second quarter 2023 Submissions of 162,837, a 5% improvement compared to 154,893 Submissions in the prior year period. Demand for our services remains robust, and we continue to invest in technology to enhance our value proposition.
- The Company updates its full year 2023 outlook and expects total net revenue of $800 - $850 million and Adjusted EBITDA of $120 - $140 million, both excluding non-Encompass BPO Services. These guidance updates reflect increases to the lower bounds previously communicated for total net revenue and Adjusted EBITDA ranges. The Company also expects positive cash flow from operations of $75 - $115 million.
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GoHealth GAAP EPS of -$3.27 misses by $0.94, revenue of $142.8M beats by $27.18M