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Mar 31, 2023
GoHealth Q1 2023 Earnings Report
GoHealth's Q1 2023 financial performance was announced, revealing a mix of positive and negative results.
Key Takeaways
GoHealth reported a net revenue of $183.2 million and a net loss of $22.5 million for Q1 2023. The company's Adjusted EBITDA was $28.8 million, and it achieved positive cash flow from operations, while the company reiterated its full year 2023 outlook.
GoHealth reported positive cash flow from operations of $26.9 million for the trailing twelve months.
The company's net loss for the first quarter was $22.5 million.
GoHealth's net revenue for the first quarter reached $183.2 million.
The company reported 213,645 submissions in the first quarter of 2023.
GoHealth
GoHealth
Forward Guidance
The Company reiterates its full year 2023 outlook, and expects total net revenue of $750 - $850 million and Adjusted EBITDA1 of $100 - $140 million, both excluding non-Encompass BPO Services. The Company also expects positive cash flow from operations of $75 - $115 million.