2023-05-09 07:37:26 ET
- eHealth press release ( NASDAQ: EHTH ): Q1 GAAP EPS of -$1.01 beats by $0.08 .
- Revenue of $73.72M (-30.0% Y/Y) beats by $2.94M .
- The following guidance is for the full year ending December 31, 2023:
- Total revenue is expected to be in the range of $420 million to $440 million. GAAP net loss is expected to be in the range of $55 million to $35 million.
- Adjusted EBITDA is expected to be in the range of $(15) million to $5 million.
- Operating cash flow is expected to be in the range of $(30) million to $(15) million.
- Unit economics continue to improve on a year-over-year basis with total acquisition costs per MA-equivalent approved member down 22% compared to Q1 2022.
- Customer care and enrollment expense per MA-equivalent approved member down 15% year-overyear. Variable marketing cost per MA-equivalent approved member down 27% year-over-year.
- Q1 2023 telephonic conversion rates continued to improve on a year-over-year basis, increasing 21% compared to Q1 2022.
For further details see:
eHealth GAAP EPS of -$1.01 beats by $0.08, revenue of $73.72M beats by $2.94M