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Dec 31, 2022
SelectQuote Q2 2023 Earnings Report
SelectQuote delivered outstanding results, prioritizing profitability and cash efficiency.
Key Takeaways
SelectQuote reported a strong second quarter with revenue of $319.2 million and net income of $22.5 million. The company's strategic redesign to prioritize profitability and cash efficiency drove improved results across the organization. The annual enrollment period was strong, and SelectQuote raised the low end of its guided ranges for fiscal year 2023.
Revenue reached $319.2 million.
Net income was $22.5 million.
Adjusted EBITDA was $63.6 million.
The company raised the low end of the guided ranges introduced with pre-announcement in January.
SelectQuote
SelectQuote
SelectQuote Revenue by Segment
Revenue by Segment
Senior Revenue
CapyFin.comLife Revenue
CapyFin.com Forward Guidance
SelectQuote updated its fiscal year 2023 guidance ranges.
Positive Outlook
- Revenue now expected in a range of $910 million to $960 million
Challenges Ahead
- Net loss now expected in a range of $94 million to $78 million
Revenue & Expenses
Visualization of income flow from segment revenue to net income