EHealth, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 08, 2023 at 07:39 am EDT
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eHealth, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 66.77 million compared to USD 50.41 million a year ago. Net loss was USD 23.5 million compared to USD 37.5 million a year ago. Basic loss per share from continuing operations was USD 1.18 compared to USD 1.65 a year ago.
For the six months, revenue was USD 140.49 million compared to USD 155.66 million a year ago. Net loss was USD 43.38 million compared to USD 70.24 million a year ago. Basic loss per share from continuing operations was USD 2.2 compared to USD 3.12 a year ago.
eHealth, Inc. is an independent licensed insurance agency and advisor. The Company provides a private online health insurance marketplace with a technology and service platform that provides consumer engagement, education, and health insurance enrollment solutions. Its segments include Medicare and Employer and Individual. It markets a large selection of Medicare-related health insurance plans and, to a lesser extent, ancillary products, such as dental and vision insurance and indemnity plans, to its Medicare-eligible consumers. Its Medicare e-commerce platform, which can be accessed through its Websites (www.eHealthMedicare.com, www.PlanPrescriber.com and www.GoMedigap.com), and telephonic enrollment capabilities enable consumers to research, compare and purchase Medicare-related health insurance plans. It markets individual and family health insurance plans (IFP) and small business health insurance plans through its e-commerce platform, which can be accessed through its Websites.