SelectQuote Q1 2024 Earnings Report
Key Takeaways
SelectQuote reported a revenue of $232.7 million and a net loss of $31.1 million for the first quarter of fiscal year 2024. The company reaffirmed its full-year 2024 financial guidance, expecting revenue between $1.05 billion and $1.2 billion, and a net loss between $50 million and $22 million.
Revenue increased to $232.7 million compared to $162.5 million in the first quarter of fiscal year 2023.
Net loss decreased to $31.1 million from $42.5 million in the same quarter of the previous year.
Healthcare Services revenue, driven by SelectRx, surpassed the Senior segment revenue for the first time.
The company reaffirmed its full-year 2024 financial guidance.
SelectQuote
SelectQuote
SelectQuote Revenue by Segment
Forward Guidance
SelectQuote reaffirmed its fiscal year 2024 guidance, projecting revenue between $1.05 billion and $1.2 billion, and a net loss between $50 million and $22 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income