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Thursday, January 23, 2020

EHealth up 11% after hours on expected bullish Q4 results

On a preliminary basis, eHealth (NASDAQ:EHTH) expects the following results for Q4:
Revenue: $$257.5M – 259.5M versus consensus of $194.9M. Medicare segment: $239.0M – 240.5M.
Net income: $53.0M – 55.0M.
Non-GAAP EBITDA: $98.5M – 100.5M.
Medicare membership up 88%. Medicare Advantage membership up 100%.
Major medical individual and family plan membership up 1%.
2019: Revenue: $462.0M – 464.0M from $365.0M – 385.0M. Medicare segment: $403.5M – 405.0M from $318.0M – 333.0M.
Net income: $31.0M – 33.0M from $20.9M – 25.9M; non-GAAP EBITDA: $89.0M – 91.0M from $65.0M – 70.0M.
Major medical individual and family plan membership down 25%.
Shares up 11% after hours.
https://seekingalpha.com/news/3534152-ehealth-up-11-after-hours-on-expected-bullish-q4-results

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