EHealth, Inc. Provides Earnings Guidance for the Fourth Quarter of 2019; Revises Earnings Guidance Full Year Ended December 31, 2019
January 23, 2020 at 04:15 pm
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eHealth, Inc. provided earnings guidance for the fourth quarter and full year ended December 31, 2019. The company provided that it's revenue for the fourth quarter of 2019 is expected to be in the range of $257.5 to $259.5 million with expected fourth quarter revenue from the Medicare segment in the range of $239.0 to $240.5 million. GAAP net income for the fourth quarter of 2019 is expected to be in the range of $53.0 to $55.0 million.
The company provided that it's revenue for the year ended December 31, 2019 is expected to be in the range of $462.0 to $464.0 million as compared to the company's guidance of $365.0 to $385.0 million. GAAP net income for the year ended December 31, 2019 is expected to be in the range of $31.0 to $33.0 million as compared to the company's guidance of $20.9 to $25.9 million.
eHealth, Inc. is an independent licensed insurance agency and advisor. The Company provides a private online health insurance marketplace with a technology and service platform that provides consumer engagement, education, and health insurance enrollment solutions. Its segments include Medicare and Employer and Individual. It markets a large selection of Medicare-related health insurance plans and, to a lesser extent, ancillary products, such as dental and vision insurance and indemnity plans, to its Medicare-eligible consumers. Its Medicare e-commerce platform, which can be accessed through its Websites (www.eHealthMedicare.com, www.PlanPrescriber.com and www.GoMedigap.com), and telephonic enrollment capabilities enable consumers to research, compare and purchase Medicare-related health insurance plans. It markets individual and family health insurance plans (IFP) and small business health insurance plans through its e-commerce platform, which can be accessed through its Websites.
EHEALTH, INC. 
