eHealth achieved record-breaking quarterly revenue of $326.2 million, driven by strong Medicare segment growth and improved unit economics. Despite a decrease in GAAP net income due to higher effective tax rates, the company improved its adjusted EBITDA by 10% and ended the year with a record $1.1 billion in commissions receivable.
eHealth delivered a strong first quarter, with total revenue increasing by 22% year-over-year, driven by significant Medicare segment growth and positive net adjustment revenue. The company also saw substantial improvements in net income and adjusted EBITDA, alongside strong operating cash flow.
eHealth reported strong Q4 2024 results, exceeding expectations with a 27% increase in total revenue to $315.2 million and an 87% increase in GAAP net income to $97.5 million. The company's performance was driven by a 42% growth in Medicare Advantage submissions and a 16% expansion in Medicare unit margin. eHealth ended the year with a record-high commissions receivable balance of $1.0 billion.
eHealth, Inc. announced its Q3 2024 financial results, achieving revenue and profitability targets while experiencing growth in Medicare application volume. Total revenue decreased by 10% year-over-year to $58.4 million, while Medicare submissions grew by 22%. The company reiterated its full-year 2024 guidance.
eHealth, Inc. reported Q2 2024 results with a total revenue of $65.9 million, a 1% decrease year-over-year. However, non-GAAP total revenue excluding net adjustment revenue increased by 13%. Medicare submissions grew by 16% and Medicare Advantage LTV increased by 4%. The company revised its full year 2024 guidance upwards.
eHealth, Inc. announced its financial results for the first quarter ended March 31, 2024, showcasing a 26% increase in total revenue compared to Q1 2023. The company also achieved positive operating cash flow for the trailing twelve-months ended March 31, 2024, exceeding its target.
eHealth's Q4 2023 results reflect the success of their transformation program and AEP preparedness efforts, with a 26% YoY revenue increase driven by strong Medicare enrollment growth and improved profitability metrics. The company's operating cash flow exceeded expectations due to favorable retention trends in the Medicare book of business.
eHealth, Inc. reported a 21% increase in revenue to $64.7 million for Q3 2023. The company's net loss improved to $37.0 million, and adjusted EBITDA improved to $(28.1) million. The company successfully completed AEP preparations and achieved licensed agent headcount goals.
eHealth, Inc. reported strong second quarter results with revenue ahead of expectations, driven by positive tail revenue. The company is preparing for the Annual Enrollment Period and aims for Medicare enrollment growth in Q4. They have also increased 2023 guidance and now reflects adjusted EBITDA profitability.
eHealth, Inc. reported a 30% decrease in revenue to $73.7 million for Q1 2023, but demonstrated improved profitability with a $12.9 million improvement in net loss and a $12.2 million improvement in adjusted EBITDA year-over-year. The company also saw a 29% increase in cash flow from operations year-over-year. eHealth reaffirmed its full-year 2023 guidance.
eHealth, Inc. announced its Q4 and FY 2022 financial results, outperforming the high end of its FY 2022 guidance. The company reported a Q4 net income of $20.7 million, a significant improvement from the previous year's net loss, and a 76% increase in adjusted EBITDA. These results were driven by operational efficiencies and cost savings.
eHealth, Inc. reported a total revenue of $53.4 million and a GAAP net loss of $39.1 million for the third quarter ended September 30, 2022. The company's results reflect a reduction in member acquisition spending and an improvement in Medicare agent productivity.
eHealth, Inc. reported a decrease in revenue and a net loss for Q2 2022, impacted by reduced marketing spend and lower telephonic conversion rates. However, the company achieved significant cost reductions and saw growth in its unassisted online Medicare Advantage enrollments.
eHealth, Inc. reported a total revenue of $105.3 million for Q1 2022, a 22% decrease compared to Q1 2021. The company's GAAP net loss was $(32.7) million, while adjusted EBITDA was $(24.8) million. The company is focusing on profitable growth, with initiatives to improve enrollment quality and scale its online business.
eHealth, Inc. reported a revenue of $243.5 million and a GAAP net loss of $32.2 million for the fourth quarter of 2021. Adjusted EBITDA was $28.2 million. The company is implementing a multi-year transformation initiative to right-size its cost structure and drive future profitability.
eHealth, Inc. reported a 32% decrease in revenue to $63.9 million compared to Q3 2020. The GAAP net loss was $53.0 million, and adjusted EBITDA was $(55.2) million, reflecting lower revenue and investment in scaling the internal Medicare agent force.
eHealth, Inc. reported revenue of $96.6 million, a 9% increase compared to the second quarter of 2020. GAAP net loss was $18.4 million, and adjusted EBITDA was $(13.0) million.
eHealth, Inc. reported a 26% increase in revenue to $134.2 million for Q1 2021, with a GAAP net loss of $0.8 million, and adjusted EBITDA of $17.3 million. The company saw a 65% increase in approved Medicare Advantage members and a 12% reduction in total acquisition costs per approved Medicare member.
eHealth, Inc. reported a decrease in revenue for the fourth quarter of 2020, totaling $293.3 million, a 3% decrease compared to the fourth quarter of 2019. GAAP net income for the quarter was $59.9 million, a 33% decrease compared to the same period in the previous year. The company made investments in its e-commerce platform and implemented a program to improve member retention.
eHealth, Inc. announced its third quarter 2020 financial results, with revenue increasing by 35% to $94.3 million compared to the third quarter of 2019. However, the company reported a GAAP net loss of $14.5 million, compared to a net loss of $11.0 million in the same period last year.
eHealth's Q2 2020 revenue increased by 35% to $88.8 million compared to Q2 2019. The company's GAAP net loss was $3.4 million, an improvement from the $5.8 million net loss in the same quarter last year. Adjusted EBITDA increased to $1.7 million from $0.8 million in Q2 2019.
eHealth, Inc. reported a strong first quarter in 2020, with revenue increasing by 55% compared to the first quarter of 2019. The company's net income also improved, turning from a net loss in the previous year to a net income of $3.5 million. The company mission to connect every person with the highest quality, most affordable health insurance for their life circumstances is more relevant and important than ever.
eHealth, Inc. reported a significant increase in revenue for the fourth quarter of 2019, with a 124% increase compared to the same period in 2018. GAAP net income also saw a substantial rise, and adjusted EBITDA increased significantly. The company's Medicare enrollment volumes grew, and the number of major medical Medicare applications submitted online through their platform increased.