EHealth Q2 top line up 101%; guidance raised

EHealth (NASDAQ:EHTH) is up 14% premarket on light volume following its Q2 results released after the close yesterday. Highlights:

Revenue up 101% to $65.8M, Medicare segment up 105% to $52.3M, Individual, Family and Small Business segment up 88% to $13.5M.

Non-GAAP EBITDA: $0.8M.

Cash consumption: $11.5M.

2019 guidance: Revenue: $365M – 385M from $315M – 335M; Medicare segment: $318M – 333M from $281M – 297M; Individual, Family and Small Business segment: $47M – 52M from $34M – 38M; net income: $15.5M – 20.5M from $15.0M – 20.0M; ; non-GAAP EBITDA: $65M – 70M from $55M – 60M; EPS: $0.62 – 0.82 from $0.60 – 0.79; non-GAAP EPS: $1.77 – 1.97 from $1.54 – 1.73.

Previously: eHealth EPS beats by $0.46, beats on revenue (July 25)

https://seekingalpha.com/news/3482288-ehealth-q2-top-line-101-percent-guidance-raised-shares-ahead-14-percent-premarket